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micro market report luxury real estate market research May 2015 | LOS ANGELES, ORANGE, SANTA BARBARA, & MONTEREY COUNTIES


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Reading the Report

“Each Micro Market area contains an analysis of current conditions and past trends. In order to take the most away from this report, it is important to understand how to read each micro market.

The Data presents statistical information about past and current conditions, comparing the previous year’s month to the current month. Each statistic is compiled from sales data during the month of the respective year. It is then analyzed by Percent Change, which is calculated by taking Current Value minus Past Value and then divided by Past Value.

The Numbers is a compilation of important take-away statistics for each area to gain a quick understanding of market conditions. Median Sales Price and Days on market are 12 month averages for the period ending in the current month. The values for Properties for Sale and Shadow Inventory are presented in both text and graphical form to show the relationship of Shadow to Active Inventory.

The Yearly Trend presents the Median Sales Prices for each month during the past year in graphical format to easily visualize the changes and help identify any trends in sales for that micro market.


MEDIAN PRICE:

DAYS OF MARKET (PENDING SALE):

A value that separates the upper half

The number of days that properties

of prices from the lower half of prices.

currently in escrow were on the market.

It can be interpreted like an average, however the extreme prices (high and

MONTH’S SUPPLY OF INVENTORY:

low) don’t hold undue influence.

The number of months it would take to sell all the properties listed for sale at

AVERAGE PRICE PER SQUARE FOOT:

the current pace of sales and if no new

The price of each property divided by

listings entered the market.

their respective square footage then averaged across all properties sold in

PERCENT UNDER CONTRACT:

the area for a given time period.

The ratio of properties for sale to properties pending sale.

PROPERTIES SOLD:

The number of property transactions

AVERAGE MEDIAN PRICE FOR LAST 12:

that closed and transferred ownership.

The Average Median Price for the Last 12 Months is sales data from 12 months

PROPERTIES PENDING SALE:

The number of properties that entered escrow in preparation for sale. PROPERTIES FOR SALE:

The number of properties on the market and seeking buyers.

ending in the identified month.


Los Angeles County

Los Angeles County Macro

Mid Los Angeles

Palos Verdes Estates

North Hollywood

Bel Air - Holmby Hills

Mid Wilshire

Rancho Palos Verdes

Shadow Hills

Beverly Center - Miracle Mile

Pacific Palisades

Redondo Beach - North

Sherman Oaks

Beverly Hills

Palms - Mar Vista

Redondo Beach - South

Studio City

Beverly Hills P.O.

Playa del Rey

Rolling Hills

Sun Valley

Beverlywood

Playa Vista

Rolling Hills Estates

Sunland - Tujunga

Brentwood

Santa Monica

San Pedro

Tarzana

Cheviot Hills - Rancho Park

Sunset Strip - Hollywood Hills West

Torrance - County Strip

Toluca Lake

Culver City

Venice

Torrance - North

Valley Village

Hancock Park - Wilshire

West Hollywood

Torrance - Southeast

Woodland Hills

Hollywood

West Los Angeles

Torrance - South

San Gabriel Valley Macro

Hollywood Hills East

Westchester

Torrance - West

Altadena

Laurel Canyon

Westwood - Century City

San Fernando Macro

Arcadia

Los Feliz

South Bay Macro

Burbank

Duarte

Malibu

El Segundo

Encino

Eagle Rock

Malibu Beach

Hermosa Beach

Glendale

La Canada Flintridge

Marina del Rey

Manhattan Beach

La Crescenta

Monrovia

Micro Market Report : May 2015

telesproperties.com


County: LOS ANGELES Area: 4,752 SQ MILES Founded: 1850

Pasadena San Gabriel San Marino Sierra Madre South Pasadena

Micro Market Report : May 2015

telesproperties.com


Los Angeles County DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$525,000

$518,000

$505,267

$538,000

2.5%

Average Price per Square Foot ...........................

$408

$418

$398

$426

4.4%

Properties Sold .......................................................

4167

3331

2786

4472

7.3%

Properties Pending Sale .......................................

4165

3540

4411

5246

26.0%

Properties For Sale ................................................

19,621

18,521

16,868

18,370

-6.4%

Days on Market (Pending Sale) ...........................

54

62

51

41

-24.1%

Month’s Supply of Inventory ................................

4.7

5.6

6.1

4.1

-12.8%

Percent Under Contract ........................................

21.2%

19.1%

26.2%

28.6%

34.5%

Average Median Price for Last 12 Months ........

$614,000

$515,461

$529,667

$524,905

-17.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$525

JUN

$538,000

JUL AUG

MEDIAN SALES PRICE

SEP

$426

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$538 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Bel-Air Holmby Hills DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$3,408,794

$1,450,000

$1,847,500

$2,360,000

-30.8%

Average Price per Square Foot ...........................

$947

$1,188

$795

$852

-10.0%

Properties Sold .......................................................

15

10

12

13

-13.3%

Properties Pending Sale .......................................

15

16

10

16

6.7%

Properties For Sale ................................................

112

123

108

132

17.9%

Days on Market (Pending Sale) ...........................

59

92

103

47

-20.3%

Month’s Supply of Inventory ................................

7.5

12.3

9

10.2

36.0%

Percent Under Contract ........................................

13.4%

13.0%

9.3%

12.1%

-9.5%

Average Median Price for Last 12 Months ........

$1,872,000

$2,311,667

$2,483,333

$2,319,107

19.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $3.408

MAY JUN

$2,360,000

JUL AUG

MEDIAN SALES PRICE

SEP

$852

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

10.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.360 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Beverly Center - Miracle Mile DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,230,000

$1,499,549

$1,354,500

$1,400,000

13.8%

Average Price per Square Foot ...........................

$632

$677

$662

$654

3.5%

Properties Sold .......................................................

21

16

12

17

-19.0%

Properties Pending Sale .......................................

21

11

14

19

-9.5%

Properties For Sale ................................................

67

62

62

67

0.0%

Days on Market (Pending Sale) ...........................

37

23

53

23

-37.8%

Month’s Supply of Inventory ................................

3.2

3.9

5.2

3.9

23.5%

Percent Under Contract ........................................

31.3%

17.7%

22.6%

28.4%

-9.5%

Average Median Price for Last 12 Months ........

$1,218,000

$1,370,917

$1,425,333

$1,369,523

11.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.230

JUN

$1,400,000

JUL AUG

MEDIAN SALES PRICE

SEP

$654

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.400 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Beverly Hills DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$6,350,000

$6,200,000

$3,955,000

$3,435,000

-45.9%

Average Price per Square Foot ...........................

$1,456

$1,329

$1,582

$1,365

-6.2%

Properties Sold .......................................................

14

9

8

18

28.6%

Properties Pending Sale .......................................

12

7

12

28

133.3%

Properties For Sale ................................................

95

86

92

98

3.2%

Days on Market (Pending Sale) ...........................

51

74

60

55

7.8%

Month’s Supply of Inventory ................................

6.8

9.6

11.5

5.4

-19.8%

Percent Under Contract ........................................

12.6%

8.1%

13.0%

28.6%

126.2%

Average Median Price for Last 12 Months ........

$4,752,000

$4,755,833

$4,761,667

$4,408,462

-7.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $6.350

MAY JUN

$3,435,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,365

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.435 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Beverly Hills- Post Office DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$2,065,000

$2,616,500

$2,000,000

$2,462,500

19.2%

Average Price per Square Foot ...........................

$664

$943

$635

$851

28.2%

Properties Sold .......................................................

12

10

9

12

0.0%

Properties Pending Sale .......................................

18

14

13

13

-27.8%

Properties For Sale ................................................

124

130

137

140

12.9%

Days on Market (Pending Sale) ...........................

93

83

94

76

-18.3%

Month’s Supply of Inventory ................................

10.3

13

15.2

11.7

12.9%

Percent Under Contract ........................................

14.5%

10.8%

9.5%

9.3%

-36.0%

Average Median Price for Last 12 Months ........

$2,175,000

$2,389,583

$2,054,167

$2,484,154

12.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$2.065

JUN

$2,462,500

JUL AUG

MEDIAN SALES PRICE

SEP

$851

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

11.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.462 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Beverlywood DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$865,000

$801,000

$748,000

$959,000

10.9%

Average Price per Square Foot ...........................

$542

$550

$570

$616

13.7%

Properties Sold .......................................................

17

8

10

23

35.3%

Properties Pending Sale .......................................

21

18

15

31

47.6%

Properties For Sale ................................................

66

54

40

62

-6.1%

Days on Market (Pending Sale) ...........................

27

32

42

24

-11.1%

Month’s Supply of Inventory ................................

3.9

6.8

4

2.7

-30.6%

Percent Under Contract ........................................

31.8%

33.3%

37.5%

50.0%

57.1%

Average Median Price for Last 12 Months ........

$875,000

$898,604

$943,000

$935,587

6.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$865

JUN

$959,000

JUL AUG

MEDIAN SALES PRICE

SEP

$616

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$959 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Brentwood DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$3,166,500

$2,224,995

$2,937,500

$2,600,000

-17.9%

Average Price per Square Foot ...........................

$1,071

$965

$922

$880

-17.8%

Properties Sold .......................................................

22

19

12

29

31.8%

Properties Pending Sale .......................................

31

32

18

22

-29.0%

Properties For Sale ................................................

123

110

104

134

8.9%

Days on Market (Pending Sale) ...........................

52

53

57

47

-9.6%

Month’s Supply of Inventory ................................

5.6

5.8

8.7

4.6

-17.4%

Percent Under Contract ........................................

25.2%

29.1%

17.3%

16.4%

-34.9%

Average Median Price for Last 12 Months ........

$2,437,000

$2,826,458

$3,106,964

$2,795,288

12.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$3.166

JUN

$2,600,000

JUL AUG

MEDIAN SALES PRICE

SEP

$880

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Cheviot Hills - Rancho Park DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,492,500

$1,475,000

$1,833,000

$2,092,500

40.2%

Average Price per Square Foot ...........................

$815

$716

$702

$765

-6.1%

Properties Sold .......................................................

8

5

7

8

0.0%

Properties Pending Sale .......................................

12

12

5

9

-25.0%

Properties For Sale ................................................

27

29

19

26

-3.7%

Days on Market (Pending Sale) ...........................

23

67

52

31

34.8%

Month’s Supply of Inventory ................................

3.4

5.8

2.7

3.2

-3.7%

Percent Under Contract ........................................

44.4%

41.4%

26.3%

34.6%

-22.1%

Average Median Price for Last 12 Months ........

$1,510,000

$1,592,167

$1,581,667

$1,605,462

5.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.492

JUN

$2,092,500

JUL AUG

MEDIAN SALES PRICE

SEP

$765

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.092 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Culver City DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$860,000

$825,000

$779,000

$1,010,000

17.4%

Average Price per Square Foot ...........................

$597

$557

$611

$612

2.5%

Properties Sold .......................................................

13

8

14

15

15.4%

Properties Pending Sale .......................................

18

14

16

18

0.0%

Properties For Sale ................................................

40

45

47

61

52.5%

Days on Market (Pending Sale) ...........................

28

35

40

20

-28.6%

Month’s Supply of Inventory ................................

3.1

5.6

3.4

4.1

32.2%

Percent Under Contract ........................................

45.0%

31.1%

34.0%

29.5%

-34.4%

Average Median Price for Last 12 Months ........

$787,000

$951,333

$992,333

$889,600

11.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$860

JUN

$1,010,000

JUL AUG

MEDIAN SALES PRICE

SEP

$612

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.010 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Hancock Park - Wilshire DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,078,250

$1,255,000

$1,260,000

$1,403,000

30.1%

Average Price per Square Foot ...........................

$586

$656

$628

$622

6.1%

Properties Sold .......................................................

22

25

23

30

36.4%

Properties Pending Sale .......................................

26

28

21

33

26.9%

Properties For Sale ................................................

113

105

104

129

14.2%

Days on Market (Pending Sale) ...........................

35

66

35

38

8.6%

Month’s Supply of Inventory ................................

5.1

4.2

4.5

4.3

-16.3%

Percent Under Contract ........................................

23.0%

26.7%

20.2%

25.6%

11.2%

Average Median Price for Last 12 Months ........

$1,210,000

$1,312,583

$1,275,167

$1,322,519

8.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.078

JUN

$1,403,000

JUL AUG

MEDIAN SALES PRICE

SEP

$622

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.403 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Hollywood DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,325,000

$795,000

$642,500

$995,000

-24.9%

Average Price per Square Foot ...........................

$553

$472

$533

$601

8.7%

Properties Sold .......................................................

5

7

4

6

20.0%

Properties Pending Sale .......................................

10

7

9

12

20.0%

Properties For Sale ................................................

32

32

42

39

21.9%

Days on Market (Pending Sale) ...........................

62

36

51

33

-46.8%

Month’s Supply of Inventory ................................

6.4

4.6

10.5

6.5

1.6%

Percent Under Contract ........................................

31.2%

21.9%

21.4%

30.8%

-1.5%

Average Median Price for Last 12 Months ........

$655,000

$852,083

$860,000

$860,624

23.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.325

MAY JUN

$995,000

JUL AUG

MEDIAN SALES PRICE

SEP

$601

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$995 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Hollywood Hills East DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$965,000

$1,048,500

$975,000

$1,368,000

41.8%

Average Price per Square Foot ...........................

$549

$512

$572

$578

5.3%

Properties Sold .......................................................

11

8

7

11

0.0%

Properties Pending Sale .......................................

12

11

14

18

50.0%

Properties For Sale ................................................

62

61

52

79

27.4%

Days on Market (Pending Sale) ...........................

34

52

50

47

38.2%

Month’s Supply of Inventory ................................

5.2

5.5

3.7

7.2

39.0%

Percent Under Contract ........................................

19.4%

18.0%

26.9%

22.8%

17.7%

Average Median Price for Last 12 Months ........

$1,122,000

$1,221,035

$1,262,720

$1,160,004

3.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$965

JUN

$1,368,000

JUL AUG

MEDIAN SALES PRICE

SEP

$578

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.368 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Laurel Canyon DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,390,000

$1,555,000

$1,645,000

$1,484,678

6.8%

Average Price per Square Foot ...........................

$713

$727

$681

$746

4.6%

Properties Sold .......................................................

29

20

20

18

-37.9%

Properties Pending Sale .......................................

27

23

28

18

-33.3%

Properties For Sale ................................................

142

144

135

51

-64.1%

Days on Market (Pending Sale) ...........................

55

44

53

43

-21.8%

Month’s Supply of Inventory ................................

5.3

6.3

4.8

2.8

-46.1%

Percent Under Contract ........................................

19.0%

16.0%

20.7%

35.3%

85.6%

Average Median Price for Last 12 Months ........

$1,263,000

$1,473,613

$1,563,893

$1,436,898

12.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.390

JUN

$1,484,678

JUL AUG

MEDIAN SALES PRICE

SEP

$746

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.484 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Los Feliz DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,180,000

$1,214,300

$1,250,000

$1,650,000

39.8%

Average Price per Square Foot ...........................

$693

$628

$631

$636

-8.2%

Properties Sold .......................................................

21

20

15

17

-19.0%

Properties Pending Sale .......................................

21

18

22

21

0.0%

Properties For Sale ................................................

94

80

63

92

-2.1%

Days on Market (Pending Sale) ...........................

38

45

78

35

-7.9%

Month’s Supply of Inventory ................................

4.5

4.4

2.9

5.4

20.9%

Percent Under Contract ........................................

22.3%

22.5%

34.9%

22.8%

2.2%

Average Median Price for Last 12 Months ........

$1,158,000

$1,343,400

$1,258,333

$1,317,054

12.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.180

JUN

$1,650,000

JUL AUG

MEDIAN SALES PRICE

SEP

$636

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Malibu DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$2,775,000

$2,125,000

$1,755,312

$1,875,000

-32.4%

Average Price per Square Foot ...........................

$792

$798

$551

$804

1.5%

Properties Sold .......................................................

17

11

12

14

-17.6%

Properties Pending Sale .......................................

17

15

15

14

-17.6%

Properties For Sale ................................................

201

204

172

192

-4.5%

Days on Market (Pending Sale) ...........................

136

128

129

104

-23.5%

Month’s Supply of Inventory ................................

11.8

18.5

14.3

13.7

16.0%

Percent Under Contract ........................................

8.5%

7.4%

8.7%

7.3%

-13.8%

Average Median Price for Last 12 Months ........

$1,989,000

$2,071,916

$2,082,061

$2,321,077

14.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $2.775

MAY JUN

$1,875,000

JUL AUG

MEDIAN SALES PRICE

SEP

$804

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

13.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.875 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Malibu Beach DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$9,930,000

$8,200,000

$4,877,500

$5,000,000

-49.6%

Average Price per Square Foot ...........................

$2,422

$3,513

$2,566

$2,386

-1.5%

Properties Sold .......................................................

1

4

2

3

200.0%

Properties Pending Sale .......................................

2

3

1

5

150.0%

Properties For Sale ................................................

80

72

63

85

6.2%

Days on Market (Pending Sale) ...........................

72

119

384

97

34.7%

Month’s Supply of Inventory ................................

80

18

31.5

28.3

-64.6%

Percent Under Contract ........................................

2.5%

4.2%

1.6%

5.9%

135.3%

Average Median Price for Last 12 Months ........

$6,151,000

$4,733,750

$4,700,000

$6,474,231

5.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $9.930

MAY JUN

$5,000,000

JUL AUG

MEDIAN SALES PRICE

SEP

$2,386

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

28.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$5.000 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Marina Del Rey DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,735,000

$1,200,000

$2,768,578

$1,062,500

-38.8%

Average Price per Square Foot ...........................

$631

$649

$669

$830

31.5%

Properties Sold .......................................................

9

5

4

2

-77.8%

Properties Pending Sale .......................................

5

1

8

5

0.0%

Properties For Sale ................................................

23

21

17

23

0.0%

Days on Market (Pending Sale) ...........................

52

174

80

23

-55.8%

Month’s Supply of Inventory ................................

2.6

4.2

4.2

11.5

350.0%

Percent Under Contract ........................................

21.7%

4.8%

47.1%

21.7%

0.0%

Average Median Price for Last 12 Months ........

$1,594,000

$1,752,221

$1,414,167

$1,704,736

6.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $1.735

MAY JUN

$1,062,500

JUL AUG

MEDIAN SALES PRICE

SEP

$830

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

11.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.062 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Mid Los Angeles DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$625,000

$415,000

$423,000

$475,000

-24.0%

Average Price per Square Foot ...........................

$353

$293

$308

$355

0.6%

Properties Sold .......................................................

13

27

25

33

153.8%

Properties Pending Sale .......................................

12

26

36

35

191.7%

Properties For Sale ................................................

55

132

137

147

167.3%

Days on Market (Pending Sale) ...........................

39

50

63

35

-10.3%

Month’s Supply of Inventory ................................

4.2

4.9

5.5

4.5

5.3%

Percent Under Contract ........................................

21.8%

19.7%

26.3%

23.8%

9.1%

Average Median Price for Last 12 Months ........

$458,000

$468,417

$481,667

$514,085

10.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $625

MAY JUN

$475,000

JUL AUG

MEDIAN SALES PRICE

SEP

$355

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$475 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Mid Wilshire DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$595,000

$470,000

$443,000

$793,000

33.3%

Average Price per Square Foot ...........................

$326

$215

$313

$464

42.3%

Properties Sold .......................................................

6

3

3

2

-66.7%

Properties Pending Sale .......................................

3

4

4

5

66.7%

Properties For Sale ................................................

41

26

27

25

-39.0%

Days on Market (Pending Sale) ...........................

123

56

23

58

-52.8%

Month’s Supply of Inventory ................................

6.8

8.7

9

12.5

82.9%

Percent Under Contract ........................................

7.3%

15.4%

14.8%

20.0%

173.3%

Average Median Price for Last 12 Months ........

$540,000

$621,417

$706,833

$618,462

12.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$595

JUN

$793,000

JUL AUG

MEDIAN SALES PRICE

SEP

$464

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

12.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$793 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Pacific Palisades DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$3,010,000

$2,539,400

$2,912,000

$3,250,000

8.0%

Average Price per Square Foot ...........................

$929

$967

$879

$1,096

18.0%

Properties Sold .......................................................

29

18

18

33

13.8%

Properties Pending Sale .......................................

44

18

28

28

-36.4%

Properties For Sale ................................................

131

112

126

125

-4.6%

Days on Market (Pending Sale) ...........................

53

39

48

41

-22.6%

Month’s Supply of Inventory ................................

4.5

6.2

7

3.8

-16.1%

Percent Under Contract ........................................

33.6%

16.1%

22.2%

22.4%

-33.3%

Average Median Price for Last 12 Months ........

$2,392,000

$2,697,833

$3,050,000

$2,614,144

8.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$3.010

JUN

$3,250,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,096

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.250 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Palms - Mar Vista DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$989,000

$1,155,145

$1,062,000

$1,175,000

18.8%

Average Price per Square Foot ...........................

$661

$625

$643

$702

6.2%

Properties Sold .......................................................

24

27

18

34

41.7%

Properties Pending Sale .......................................

23

18

25

41

78.3%

Properties For Sale ................................................

74

70

78

94

27.0%

Days on Market (Pending Sale) ...........................

21

50

30

28

33.3%

Month’s Supply of Inventory ................................

3.1

2.6

4.3

2.8

-10.3%

Percent Under Contract ........................................

31.1%

25.7%

32.1%

43.6%

40.3%

Average Median Price for Last 12 Months ........

$961,000

$1,130,396

$1,201,458

$1,082,040

11.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$989

JUN

$1,175,000

JUL AUG

MEDIAN SALES PRICE

SEP

$702

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.175 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Playa Del Rey DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,268,000

$955,000

$1,560,000

$1,850,000

45.9%

Average Price per Square Foot ...........................

$532

$651

$536

$442

-16.9%

Properties Sold .......................................................

3

1

7

3

0.0%

Properties Pending Sale .......................................

4

3

2

3

-25.0%

Properties For Sale ................................................

16

24

15

9

-43.8%

Days on Market (Pending Sale) ...........................

34

17

38

126

270.6%

Month’s Supply of Inventory ................................

5.3

24

2.1

3

-43.8%

Percent Under Contract ........................................

25.0%

12.5%

13.3%

33.3%

33.3%

Average Median Price for Last 12 Months ........

$1,157,000

$2,035,500

$2,598,333

$1,573,577

26.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.268

JUN

$1,850,000

JUL AUG

MEDIAN SALES PRICE

SEP

$442

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.850 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Playa Vista DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$0

$1,182,500

$1,682,450

$1,630,750

0%

Average Price per Square Foot ...........................

$0

$523

$590

$513

0%

Properties Sold .......................................................

0

2

2

2

0%

Properties Pending Sale .......................................

1

2

0

1

0.0%

Properties For Sale ................................................

10

6

6

6

-40.0%

Days on Market (Pending Sale) ...........................

33

53

0

28

-15.2%

Month’s Supply of Inventory ................................

0

3

3

3

0%

Percent Under Contract ........................................

10.0%

33.3%

0.0%

16.7%

66.7%

Average Median Price for Last 12 Months ........

$1,318,000

$1,857,708

$1,846,917

$1,530,250

13.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY JUN

$1,630,750

JUL AUG

MEDIAN SALES PRICE

SEP

$513

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.630 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Santa Monica DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,575,000

$2,184,100

$3,149,398

$2,675,000

69.8%

Average Price per Square Foot ...........................

$945

$1,165

$1,029

$1,166

23.4%

Properties Sold .......................................................

17

13

10

27

58.8%

Properties Pending Sale .......................................

23

16

15

23

0.0%

Properties For Sale ................................................

89

79

76

94

5.6%

Days on Market (Pending Sale) ...........................

46

51

32

28

-39.1%

Month’s Supply of Inventory ................................

5.2

6.1

7.6

3.5

-33.5%

Percent Under Contract ........................................

25.8%

20.3%

19.7%

24.5%

-5.3%

Average Median Price for Last 12 Months ........

$1,981,000

$2,488,025

$2,416,667

$2,209,808

10.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.575

JUN

$2,675,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,166

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.675 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Sunset Strip - Hollywood Hills West DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,842,759

$1,850,000

$1,660,000

$1,765,000

-4.2%

Average Price per Square Foot ...........................

$759

$684

$719

$830

9.4%

Properties Sold .......................................................

35

27

31

41

17.1%

Properties Pending Sale .......................................

39

31

37

58

48.7%

Properties For Sale ................................................

252

280

276

333

32.1%

Days on Market (Pending Sale) ...........................

60

61

50

51

-15.0%

Month’s Supply of Inventory ................................

7.2

10.4

8.9

8.1

12.8%

Percent Under Contract ........................................

15.5%

11.1%

13.4%

17.4%

12.5%

Average Median Price for Last 12 Months ........

$1,462,000

$1,652,242

$1,742,483

$1,770,903

17.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.842

JUN

$1,765,000

JUL AUG

MEDIAN SALES PRICE

SEP

$830

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

8.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.765 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Venice DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,427,500

$1,750,000

$1,750,000

$2,120,000

48.5%

Average Price per Square Foot ...........................

$947

$1,016

$957

$962

1.6%

Properties Sold .......................................................

26

15

8

16

-38.5%

Properties Pending Sale .......................................

19

13

19

13

-31.6%

Properties For Sale ................................................

62

62

69

77

24.2%

Days on Market (Pending Sale) ...........................

30

53

59

31

3.3%

Month’s Supply of Inventory ................................

2.4

4.1

8.6

4.8

101.8%

Percent Under Contract ........................................

30.6%

21.0%

27.5%

16.9%

-44.9%

Average Median Price for Last 12 Months ........

$1,409,000

$1,773,083

$1,988,333

$1,687,106

19.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.427

JUN

$2,120,000

JUL AUG

MEDIAN SALES PRICE

SEP

$962

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.120 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


West Hollywood DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,295,938

$1,075,000

$1,475,000

$1,500,500

15.8%

Average Price per Square Foot ...........................

$753

$847

$779

$940

24.8%

Properties Sold .......................................................

10

9

12

12

20.0%

Properties Pending Sale .......................................

8

8

18

9

12.5%

Properties For Sale ................................................

40

57

54

50

25.0%

Days on Market (Pending Sale) ...........................

28

28

38

21

-25.0%

Month’s Supply of Inventory ................................

4

6.3

4.5

4.2

4.2%

Percent Under Contract ........................................

20.0%

14.0%

33.3%

18.0%

-10.0%

Average Median Price for Last 12 Months ........

$1,106,000

$1,602,833

$1,681,000

$1,394,543

20.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.295

JUN

$1,500,500

JUL AUG

MEDIAN SALES PRICE

SEP

$940

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


West Los Angeles DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$908,250

$905,000

$0

$913,000

0.5%

Average Price per Square Foot ...........................

$582

$781

$0

$693

19.1%

Properties Sold .......................................................

8

7

0

8

0.0%

Properties Pending Sale .......................................

10

7

7

8

-20.0%

Properties For Sale ................................................

34

41

36

33

-2.9%

Days on Market (Pending Sale) ...........................

26

51

33

56

115.4%

Month’s Supply of Inventory ................................

4.2

5.9

0

4.1

-2.9%

Percent Under Contract ........................................

29.4%

17.1%

19.4%

24.2%

-17.6%

Average Median Price for Last 12 Months ........

$807,000

$918,200

$950,333

$901,729

11.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$908

JUN

$913,000

JUL AUG

MEDIAN SALES PRICE

SEP

$693

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$913 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Westchester DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$812,000

$845,775

$842,900

$865,500

6.6%

Average Price per Square Foot ...........................

$470

$544

$502

$572

21.7%

Properties Sold .......................................................

23

18

14

22

-4.3%

Properties Pending Sale .......................................

30

28

14

30

0.0%

Properties For Sale ................................................

80

75

43

67

-16.2%

Days on Market (Pending Sale) ...........................

23

48

43

27

17.4%

Month’s Supply of Inventory ................................

3.5

4.2

3.1

3

-12.4%

Percent Under Contract ........................................

37.5%

37.3%

32.6%

44.8%

19.4%

Average Median Price for Last 12 Months ........

$781,000

$880,431

$891,000

$854,451

9.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$812

JUN

$865,500

JUL AUG

MEDIAN SALES PRICE

SEP

$572

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$865 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Westwood - Century City DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,885,000

$1,523,000

$1,627,500

$1,650,000

-12.5%

Average Price per Square Foot ...........................

$760

$820

$782

$790

3.9%

Properties Sold .......................................................

16

14

14

15

-6.2%

Properties Pending Sale .......................................

20

6

13

15

-25.0%

Properties For Sale ................................................

74

52

44

55

-25.7%

Days on Market (Pending Sale) ...........................

32

22

58

22

-31.2%

Month’s Supply of Inventory ................................

4.6

3.7

3.1

3.7

-20.7%

Percent Under Contract ........................................

27.0%

11.5%

29.5%

27.3%

0.9%

Average Median Price for Last 12 Months ........

$1,547,000

$1,722,854

$1,772,125

$1,762,048

13.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.885

JUN

$1,650,000

JUL AUG

MEDIAN SALES PRICE

SEP

$790

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.650 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


South Bay Macro Market DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,129,893

$1,192,217

$1,214,447

$1,272,650

12.6%

Average Price per Square Foot ...........................

$503

$578

$583

$584

16.2%

Properties Sold .......................................................

240

188

141

272

13.3%

Properties Pending Sale .......................................

250

192

218

303

21.2%

Properties For Sale ................................................

834

770

714

868

4.1%

Days on Market (Pending Sale) ...........................

53

53

47

39

-26.9%

Month’s Supply of Inventory ................................

3.5

4.1

5.1

3.2

-8.2%

Percent Under Contract ........................................

30.0%

24.9%

30.5%

34.9%

16.5%

Average Median Price for Last 12 Months ........

$1,062,733

$1,204,713

$1,230,092

$1,188,648

11.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.129

JUN

$1,272,650

JUL AUG

MEDIAN SALES PRICE

SEP

$584

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.272 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


El Segundo DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$898,000

$1,300,000

$835,000

$919,000

2.3%

Average Price per Square Foot ...........................

$430

$603

$592

$628

46.0%

Properties Sold .......................................................

8

4

5

7

-12.5%

Properties Pending Sale .......................................

10

8

8

10

0.0%

Properties For Sale ................................................

23

13

17

22

-4.3%

Days on Market (Pending Sale) ...........................

18

34

25

21

16.7%

Month’s Supply of Inventory ................................

2.9

3.2

3.4

3.1

9.3%

Percent Under Contract ........................................

43.5%

61.5%

47.1%

45.5%

4.5%

Average Median Price for Last 12 Months ........

$849,000

$925,833

$929,500

$964,654

13.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$898

JUN

$919,000

JUL AUG

MEDIAN SALES PRICE

SEP

$628

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$919 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Hermosa Beach DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,850,000

$1,549,000

$1,450,000

$2,125,000

14.9%

Average Price per Square Foot ...........................

$631

$969

$813

$940

49.0%

Properties Sold .......................................................

8

9

5

9

12.5%

Properties Pending Sale .......................................

12

9

8

16

33.3%

Properties For Sale ................................................

37

37

21

38

2.7%

Days on Market (Pending Sale) ...........................

56

75

27

28

-50.0%

Month’s Supply of Inventory ................................

4.6

4.1

4.2

4.2

-8.7%

Percent Under Contract ........................................

32.4%

24.3%

38.1%

42.1%

29.8%

Average Median Price for Last 12 Months ........

$1,203,000

$1,825,000

$2,058,333

$1,624,035

35.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.850

JUN

$2,125,000

JUL AUG

MEDIAN SALES PRICE

SEP

$940

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.125 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Manhattan Beach DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$2,015,000

$2,050,000

$2,147,500

$2,300,000

14.1%

Average Price per Square Foot ...........................

$800

$1,262

$1,024

$946

18.2%

Properties Sold .......................................................

37

26

14

31

-16.2%

Properties Pending Sale .......................................

45

17

18

31

-31.1%

Properties For Sale ................................................

105

58

58

94

-10.5%

Days on Market (Pending Sale) ...........................

42

39

32

35

-16.7%

Month’s Supply of Inventory ................................

2.8

2.2

4.1

3

6.9%

Percent Under Contract ........................................

42.9%

29.3%

31.0%

33.0%

-23.0%

Average Median Price for Last 12 Months ........

$1,823,000

$2,022,083

$2,153,333

$1,996,750

9.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$2.015

JUN

$2,300,000

JUL AUG

MEDIAN SALES PRICE

SEP

$946

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.300 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Palos Verdes Estates DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,440,000

$1,860,000

$1,772,500

$1,572,500

9.2%

Average Price per Square Foot ...........................

$630

$713

$696

$680

7.9%

Properties Sold .......................................................

11

11

12

18

63.6%

Properties Pending Sale .......................................

13

10

16

19

46.2%

Properties For Sale ................................................

70

77

56

74

5.7%

Days on Market (Pending Sale) ...........................

43

75

78

45

4.7%

Month’s Supply of Inventory ................................

6.4

7

4.7

4.1

-35.4%

Percent Under Contract ........................................

18.6%

13.0%

28.6%

25.7%

38.3%

Average Median Price for Last 12 Months ........

$1,619,000

$1,640,333

$1,746,667

$1,705,990

5.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.440

JUN

$1,572,500

JUL AUG

MEDIAN SALES PRICE

SEP

$680

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.572 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Rancho Palos Verdes DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,308,000

$1,037,500

$1,150,000

$1,170,000

-10.6%

Average Price per Square Foot ...........................

$513

$462

$522

$536

4.5%

Properties Sold .......................................................

31

26

20

34

9.7%

Properties Pending Sale .......................................

38

29

34

53

39.5%

Properties For Sale ................................................

129

128

123

159

23.3%

Days on Market (Pending Sale) ...........................

43

65

50

66

53.5%

Month’s Supply of Inventory ................................

4.2

4.9

6.2

4.7

12.4%

Percent Under Contract ........................................

29.5%

22.7%

27.6%

33.3%

13.2%

Average Median Price for Last 12 Months ........

$1,137,000

$1,174,167

$1,132,500

$1,167,569

2.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.308

JUN

$1,170,000

JUL AUG

MEDIAN SALES PRICE

SEP

$536

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.170 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Redondo Beach- North DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$783,900

$802,000

$870,000

$875,000

11.6%

Average Price per Square Foot ...........................

$487

$529

$512

$541

11.1%

Properties Sold .......................................................

16

10

8

17

6.2%

Properties Pending Sale .......................................

17

13

13

23

35.3%

Properties For Sale ................................................

41

39

30

54

31.7%

Days on Market (Pending Sale) ...........................

29

26

36

31

6.9%

Month’s Supply of Inventory ................................

2.6

3.9

3.8

3.2

24.0%

Percent Under Contract ........................................

41.5%

33.3%

43.3%

42.6%

2.7%

Average Median Price for Last 12 Months ........

$734,000

$858,083

$885,000

$839,685

14.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$783

JUN

$875,000

JUL AUG

MEDIAN SALES PRICE

SEP

$541

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$875 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Redondo Beach- South DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$935,000

$1,000,000

$1,212,000

$1,204,000

28.8%

Average Price per Square Foot ...........................

$577

$590

$618

$653

13.2%

Properties Sold .......................................................

12

13

9

22

83.3%

Properties Pending Sale .......................................

19

16

14

15

-21.1%

Properties For Sale ................................................

55

47

41

41

-25.5%

Days on Market (Pending Sale) ...........................

54

72

51

39

-27.8%

Month’s Supply of Inventory ................................

4.6

3.6

4.6

1.9

-59.3%

Percent Under Contract ........................................

34.5%

34.0%

34.1%

36.6%

5.9%

Average Median Price for Last 12 Months ........

$962,000

$1,175,667

$1,134,667

$1,120,462

16.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$935

JUN

$1,204,000

JUL AUG

MEDIAN SALES PRICE

SEP

$653

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.204 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Rolling Hills DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$2,438,500

$3,147,500

$3,658,000

$3,465,000

42.1%

Average Price per Square Foot ...........................

$604

$833

$901

$770

27.5%

Properties Sold .......................................................

1

4

3

3

200.0%

Properties Pending Sale .......................................

3

6

2

2

-33.3%

Properties For Sale ................................................

26

26

21

19

-26.9%

Days on Market (Pending Sale) ...........................

182

39

93

66

-63.7%

Month’s Supply of Inventory ................................

26

6.5

7

6.3

-75.6%

Percent Under Contract ........................................

11.5%

23.1%

9.5%

10.5%

-8.8%

Average Median Price for Last 12 Months ........

$2,908,000

$3,180,013

$3,155,000

$3,263,081

12.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$2.438

JUN

$3,465,000

JUL AUG

MEDIAN SALES PRICE

SEP

$770

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.465 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Rolling Hills Estates DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,580,000

$1,535,000

$1,475,000

$1,721,250

8.9%

Average Price per Square Foot ...........................

$542

$483

$558

$610

12.5%

Properties Sold .......................................................

13

2

4

6

-53.8%

Properties Pending Sale .......................................

8

6

4

6

-25.0%

Properties For Sale ................................................

25

25

14

29

16.0%

Days on Market (Pending Sale) ...........................

77

73

106

21

-72.7%

Month’s Supply of Inventory ................................

1.9

12.5

3.5

4.8

151.3%

Percent Under Contract ........................................

32.0%

24.0%

28.6%

20.7%

-35.3%

Average Median Price for Last 12 Months ........

$1,296,000

$1,513,505

$1,473,750

$1,446,522

11.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.580

JUN

$1,721,250

JUL AUG

MEDIAN SALES PRICE

SEP

$610

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.721 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


San Pedro DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$570,000

$540,500

$480,500

$577,000

1.2%

Average Price per Square Foot ...........................

$349

$350

$369

$384

10.0%

Properties Sold .......................................................

25

24

23

38

52.0%

Properties Pending Sale .......................................

27

22

38

44

63.0%

Properties For Sale ................................................

110

117

141

139

26.4%

Days on Market (Pending Sale) ...........................

56

46

56

65

16.1%

Month’s Supply of Inventory ................................

4.4

4.9

6.1

3.7

-16.9%

Percent Under Contract ........................................

24.5%

18.8%

27.0%

31.7%

29.0%

Average Median Price for Last 12 Months ........

$496,000

$539,042

$550,167

$542,404

9.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$570

JUN

$577,000

JUL AUG

MEDIAN SALES PRICE

SEP

$384

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$577 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Torrance- County Strip DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$490,000

$337,999

$445,000

$470,000

-4.1%

Average Price per Square Foot ...........................

$263

$215

$273

$286

8.7%

Properties Sold .......................................................

11

1

4

7

-36.4%

Properties Pending Sale .......................................

6

2

2

11

83.3%

Properties For Sale ................................................

24

27

20

26

8.3%

Days on Market (Pending Sale) ...........................

54

46

34

24

-55.6%

Month’s Supply of Inventory ................................

2.2

27

5

3.7

70.2%

Percent Under Contract ........................................

25.0%

7.4%

10.0%

42.3%

69.2%

Average Median Price for Last 12 Months ........

$396,000

$461,958

$470,167

$444,096

12.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$490

JUN

$470,000

JUL AUG

MEDIAN SALES PRICE

SEP

$286

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$470 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Torrance- North DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$531,000

$565,000

$573,950

$575,000

8.3%

Average Price per Square Foot ...........................

$385

$379

$432

$424

10.1%

Properties Sold .......................................................

21

13

10

21

0.0%

Properties Pending Sale .......................................

9

18

16

23

155.6%

Properties For Sale ................................................

36

39

36

50

38.9%

Days on Market (Pending Sale) ...........................

25

50

22

16

-36.0%

Month’s Supply of Inventory ................................

1.7

3

3.6

2.4

38.9%

Percent Under Contract ........................................

25.0%

46.2%

44.4%

46.0%

84.0%

Average Median Price for Last 12 Months ........

$521,000

$581,325

$588,333

$564,569

8.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$531

JUN

$575,000

JUL AUG

MEDIAN SALES PRICE

SEP

$424

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$575 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Torrance- South DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$807,500

$811,250

$812,750

$795,000

-1.5%

Average Price per Square Foot ...........................

$492

$471

$523

$491

-0.2%

Properties Sold .......................................................

12

14

8

22

83.3%

Properties Pending Sale .......................................

16

16

12

22

37.5%

Properties For Sale ................................................

59

49

41

54

-8.5%

Days on Market (Pending Sale) ...........................

37

50

27

31

-16.2%

Month’s Supply of Inventory ................................

4.9

3.5

5.1

2.5

-50.1%

Percent Under Contract ........................................

27.1%

32.7%

29.3%

40.7%

50.2%

Average Median Price for Last 12 Months ........

$764,000

$813,190

$807,129

$804,953

5.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$807

JUN

$795,000

JUL AUG

MEDIAN SALES PRICE

SEP

$491

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$795 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Torrance- Southeast DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$586,500

$590,000

$620,000

$576,000

-1.8%

Average Price per Square Foot ...........................

$366

$344

$398

$374

2.2%

Properties Sold .......................................................

16

17

8

16

0.0%

Properties Pending Sale .......................................

14

9

16

16

14.3%

Properties For Sale ................................................

56

58

59

43

-23.2%

Days on Market (Pending Sale) ...........................

44

63

34

71

61.4%

Month’s Supply of Inventory ................................

3.5

3.4

7.4

2.7

-23.2%

Percent Under Contract ........................................

25.0%

15.5%

27.1%

37.2%

48.8%

Average Median Price for Last 12 Months ........

$528,000

$601,408

$587,833

$597,487

13.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$586

JUN

$576,000

JUL AUG

MEDIAN SALES PRICE

SEP

$374

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$576 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Torrance- West DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$715,000

$757,500

$714,500

$745,000

4.2%

Average Price per Square Foot ...........................

$469

$470

$509

$494

5.3%

Properties Sold .......................................................

18

14

8

21

16.7%

Properties Pending Sale .......................................

13

11

17

12

-7.7%

Properties For Sale ................................................

38

30

36

26

-31.6%

Days on Market (Pending Sale) ...........................

37

44

31

24

-35.1%

Month’s Supply of Inventory ................................

2.1

2.1

4.5

1.2

-41.4%

Percent Under Contract ........................................

34.2%

36.7%

47.2%

46.2%

34.9%

Average Median Price for Last 12 Months ........

$705,000

$759,083

$779,000

$747,462

6.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$715

JUN

$745,000

JUL AUG

MEDIAN SALES PRICE

SEP

$494

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$745 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


San Fernando Valley Macro Market DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$750,286

$738,071

$762,143

$797,286

6.3%

Average Price per Square Foot ...........................

$388

$395

$390

$423

8.9%

Properties Sold .......................................................

462

341

305

465

0.6%

Properties Pending Sale .......................................

558

409

498

534

-4.3%

Properties For Sale ................................................

1,027

1,036

878

1,045

1.8%

Days on Market (Pending Sale) ...........................

52

62

71

54

5.0%

Month’s Supply of Inventory ................................

2.2

3

2.9

2.2

1.1%

Percent Under Contract ........................................

54.3%

39.5%

56.7%

51.1%

-5.9%

Average Median Price for Last 12 Months ........

$703,857

$788,405

$799,619

$778,075

10.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$750

JUN

$797,286

JUL AUG

MEDIAN SALES PRICE

SEP

$423

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$797 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Burbank DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$650,000

$655,000

$657,000

$684,000

5.2%

Average Price per Square Foot ...........................

$415

$416

$406

$448

8.0%

Properties Sold .......................................................

36

43

30

60

66.7%

Properties Pending Sale .......................................

52

53

57

61

17.3%

Properties For Sale ................................................

70

83

71

90

28.6%

Days on Market (Pending Sale) ...........................

45

49

65

49

8.9%

Month’s Supply of Inventory ................................

1.9

1.9

2.4

1.5

-22.9%

Percent Under Contract ........................................

74.3%

63.9%

80.3%

67.8%

-8.8%

Average Median Price for Last 12 Months ........

$609,769

$663,500

$678,000

$659,769

8.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$650

JUN

$684,000

JUL AUG

MEDIAN SALES PRICE

SEP

$448

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$684 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Encino DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,040,000

$1,040,000

$1,000,000

$1,188,000

14.2%

Average Price per Square Foot ...........................

$435

$444

$415

$471

8.3%

Properties Sold .......................................................

34

32

23

46

35.3%

Properties Pending Sale .......................................

55

37

39

48

-12.7%

Properties For Sale ................................................

105

106

117

133

26.7%

Days on Market (Pending Sale) ...........................

52

77

77

65

25.0%

Month’s Supply of Inventory ................................

3.1

3.3

5.1

2.9

-6.4%

Percent Under Contract ........................................

52.4%

34.9%

33.3%

36.1%

-31.1%

Average Median Price for Last 12 Months ........

$955,769

$1,098,292

$1,129,583

$1,075,673

12.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.040

JUN

$1,188,000

JUL AUG

MEDIAN SALES PRICE

SEP

$471

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.188 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Glendale DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$760,000

$777,000

$745,000

$783,000

3.0%

Average Price per Square Foot ...........................

$405

$412

$393

$438

8.1%

Properties Sold .......................................................

67

41

45

56

-16.4%

Properties Pending Sale .......................................

72

51

58

63

-12.5%

Properties For Sale ................................................

127

121

101

113

-11.0%

Days on Market (Pending Sale) ...........................

51

57

57

45

-11.8%

Month’s Supply of Inventory ................................

1.9

3

2.2

2

6.5%

Percent Under Contract ........................................

56.7%

42.1%

57.4%

55.8%

-1.7%

Average Median Price for Last 12 Months ........

$685,846

$755,833

$791,333

$753,385

9.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$760

JUN

$783,000

JUL AUG

MEDIAN SALES PRICE

SEP

$438

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$783 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


La Crescenta DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$695,000

$740,000

$736,000

$761,000

9.5%

Average Price per Square Foot ...........................

$398

$405

$382

$416

4.5%

Properties Sold .......................................................

21

10

14

22

4.8%

Properties Pending Sale .......................................

19

15

14

30

57.9%

Properties For Sale ................................................

34

20

14

26

-23.5%

Days on Market (Pending Sale) ...........................

52

51

66

37

-28.8%

Month’s Supply of Inventory ................................

1.6

2

1

1.2

-27.0%

Percent Under Contract ........................................

55.9%

75.0%

100.0%

115.4%

106.5%

Average Median Price for Last 12 Months ........

$658,462

$734,500

$766,667

$729,308

10.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$695

JUN

$761,000

JUL AUG

MEDIAN SALES PRICE

SEP

$416

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$761 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


North Hollywood DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$411,000

$419,000

$450,000

$465,000

13.1%

Average Price per Square Foot ...........................

$310

$333

$342

$356

14.8%

Properties Sold .......................................................

36

26

24

37

2.8%

Properties Pending Sale .......................................

57

45

29

42

-26.3%

Properties For Sale ................................................

57

87

67

64

12.3%

Days on Market (Pending Sale) ...........................

50

53

59

54

8.0%

Month’s Supply of Inventory ................................

1.6

3.3

2.8

1.7

9.2%

Percent Under Contract ........................................

100.0%

51.7%

43.3%

65.6%

-34.4%

Average Median Price for Last 12 Months ........

$402,385

$455,750

$452,833

$449,269

11.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$411

JUN

$465,000

JUL AUG

MEDIAN SALES PRICE

SEP

$356

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$465 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Shadow Hills DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$640,000

$800,000

$673,000

$680,000

6.2%

Average Price per Square Foot ...........................

$311

$330

$282

$323

3.9%

Properties Sold .......................................................

4

3

2

2

-50.0%

Properties Pending Sale .......................................

6

2

4

3

-50.0%

Properties For Sale ................................................

12

13

9

13

8.3%

Days on Market (Pending Sale) ...........................

50

68

75

59

18.0%

Month’s Supply of Inventory ................................

3

4.3

4.5

6.5

116.7%

Percent Under Contract ........................................

50.0%

15.4%

44.4%

23.1%

-53.8%

Average Median Price for Last 12 Months ........

$712,769

$846,400

$780,000

$764,583

7.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$640

JUN

$680,000

JUL AUG

MEDIAN SALES PRICE

SEP

$323

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$680 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Sherman Oaks DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$985,000

$825,000

$935,000

$935,000

-5.1%

Average Price per Square Foot ...........................

$449

$450

$418

$503

12.0%

Properties Sold .......................................................

65

46

39

51

-21.5%

Properties Pending Sale .......................................

66

44

69

62

-6.1%

Properties For Sale ................................................

134

128

105

140

4.5%

Days on Market (Pending Sale) ...........................

52

55

79

43

-17.3%

Month’s Supply of Inventory ................................

2.1

2.8

2.7

2.7

33.2%

Percent Under Contract ........................................

49.3%

34.4%

65.7%

44.3%

-10.1%

Average Median Price for Last 12 Months ........

$828,769

$949,542

$970,083

$919,404

10.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$985

JUN

$935,000

JUL AUG

MEDIAN SALES PRICE

SEP

$503

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$935 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Studio City DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,200,000

$1,123,000

$1,335,000

$1,204,000

0.3%

Average Price per Square Foot ...........................

$545

$554

$583

$565

3.7%

Properties Sold .......................................................

39

22

16

28

-28.2%

Properties Pending Sale .......................................

41

19

39

40

-2.4%

Properties For Sale ................................................

82

65

60

80

-2.4%

Days on Market (Pending Sale) ...........................

60

69

60

62

3.3%

Month’s Supply of Inventory ................................

2.1

3

3.8

2.9

35.9%

Percent Under Contract ........................................

50.0%

29.2%

65.0%

50.0%

0.0%

Average Median Price for Last 12 Months ........

$1,021,308

$1,169,083

$1,143,167

$1,166,346

14.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.200

JUN

$1,204,000

JUL AUG

MEDIAN SALES PRICE

SEP

$565

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.204 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Sun Valley DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$366,000

$450,000

$475,000

$480,000

31.1%

Average Price per Square Foot ...........................

$273

$302

$303

$327

19.8%

Properties Sold .......................................................

12

19

12

15

25.0%

Properties Pending Sale .......................................

19

16

23

16

-15.8%

Properties For Sale ................................................

41

40

39

32

-22.0%

Days on Market (Pending Sale) ...........................

34

69

81

55

61.8%

Month’s Supply of Inventory ................................

3.4

2.1

3.2

2.1

-37.6%

Percent Under Contract ........................................

46.3%

40.0%

59.0%

50.0%

7.9%

Average Median Price for Last 12 Months ........

$404,923

$432,000

$429,667

$413,538

2.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$366

JUN

$480,000

JUL AUG

MEDIAN SALES PRICE

SEP

$327

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$480 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Sunland/Tujunga DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$437,000

$504,000

$454,000

$496,000

13.5%

Average Price per Square Foot ...........................

$312

$324

$319

$345

10.6%

Properties Sold .......................................................

44

24

28

34

-22.7%

Properties Pending Sale .......................................

49

27

34

36

-26.5%

Properties For Sale ................................................

85

62

59

71

-16.5%

Days on Market (Pending Sale) ...........................

52

66

38

52

0.0%

Month’s Supply of Inventory ................................

1.9

2.6

2.1

2.1

8.1%

Percent Under Contract ........................................

57.6%

43.5%

57.6%

50.7%

-12.0%

Average Median Price for Last 12 Months ........

$406,692

$476,083

$476,500

$474,808

16.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$437

JUN

$496,000

JUL AUG

MEDIAN SALES PRICE

SEP

$345

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$496 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Tarzana DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$968,000

$775,000

$812,000

$931,000

-3.8%

Average Price per Square Foot ...........................

$330

$310

$365

$395

19.7%

Properties Sold .......................................................

26

20

17

19

-26.9%

Properties Pending Sale .......................................

29

19

32

34

17.2%

Properties For Sale ................................................

81

90

76

84

3.7%

Days on Market (Pending Sale) ...........................

48

70

102

87

81.2%

Month’s Supply of Inventory ................................

3.1

4.5

4.5

4.4

41.9%

Percent Under Contract ........................................

35.8%

21.1%

42.1%

40.5%

13.1%

Average Median Price for Last 12 Months ........

$791,231

$915,500

$957,000

$891,538

12.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$968

JUN

$931,000

JUL AUG

MEDIAN SALES PRICE

SEP

$395

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$931 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Toluca Lake DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$944,000

$785,000

$880,000

$1,000,000

5.9%

Average Price per Square Foot ...........................

$530

$481

$477

$543

2.5%

Properties Sold .......................................................

4

5

5

9

125.0%

Properties Pending Sale .......................................

0

8

11

10

0%

Properties For Sale ................................................

15

17

14

20

33.3%

Days on Market (Pending Sale) ...........................

46

78

92

63

37.0%

Month’s Supply of Inventory ................................

3.8

3.4

2.8

2.2

-40.7%

Percent Under Contract ........................................

0.0%

47.1%

78.6%

50.0%

0%

Average Median Price for Last 12 Months ........

$995,077

$1,045,083

$1,088,833

$1,098,423

10.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$944

JUN

$1,000,000

JUL AUG

MEDIAN SALES PRICE

SEP

$543

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.000 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Valley Village DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$728,000

$720,000

$823,000

$825,000

13.3%

Average Price per Square Foot ...........................

$409

$442

$470

$457

11.7%

Properties Sold .......................................................

5

9

8

13

160.0%

Properties Pending Sale .......................................

13

13

11

11

-15.4%

Properties For Sale ................................................

27

23

18

24

-11.1%

Days on Market (Pending Sale) ...........................

63

42

66

32

-49.2%

Month’s Supply of Inventory ................................

5.4

2.6

2.2

1.8

-65.8%

Percent Under Contract ........................................

48.1%

56.5%

61.1%

45.8%

-4.8%

Average Median Price for Last 12 Months ........

$734,077

$797,333

$819,333

$796,231

8.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$728

JUN

$825,000

JUL AUG

MEDIAN SALES PRICE

SEP

$457

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$825 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Woodland Hills DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$680,000

$720,000

$695,000

$730,000

7.4%

Average Price per Square Foot ...........................

$314

$324

$309

$331

5.4%

Properties Sold .......................................................

69

41

42

73

5.8%

Properties Pending Sale .......................................

80

60

78

78

-2.5%

Properties For Sale ................................................

157

181

128

155

-1.3%

Days on Market (Pending Sale) ...........................

71

70

80

59

-16.9%

Month’s Supply of Inventory ................................

2.3

4.4

3

2.1

-6.7%

Percent Under Contract ........................................

51.0%

33.1%

60.9%

50.3%

-1.2%

Average Median Price for Last 12 Months ........

$646,923

$708,333

$711,667

$700,769

8.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$680

JUN

$730,000

JUL AUG

MEDIAN SALES PRICE

SEP

$331

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$730 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


San Gabriel Valley Macro Market DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$912,727

$1,051,182

$951,818

$1,103,273

20.9%

Average Price per Square Foot ...........................

$503

$499

$517

$522

3.9%

Properties Sold .......................................................

282

215

172

310

9.9%

Properties Pending Sale .......................................

326

255

262

340

4.3%

Properties For Sale ................................................

623

680

680

789

26.6%

Days on Market (Pending Sale) ...........................

47

50

55

56

19.9%

Month’s Supply of Inventory ................................

2.2

3.2

4

2.5

15.2%

Percent Under Contract ........................................

52.3%

37.5%

38.5%

43.1%

-17.6%

Average Median Price for Last 12 Months ........

$885,699

$1,021,383

$1,076,191

$994,883

12.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$912

JUN

$1,103,273

JUL AUG

MEDIAN SALES PRICE

SEP

$522

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.103 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Altadena DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$675,000

$610,000

$649,000

$675,000

0.0%

Average Price per Square Foot ...........................

$407

$395

$369

$440

8.1%

Properties Sold .......................................................

44

24

15

30

-31.8%

Properties Pending Sale .......................................

38

28

31

41

7.9%

Properties For Sale ................................................

53

74

60

70

32.1%

Days on Market (Pending Sale) ...........................

49

59

93

48

-2.0%

Month’s Supply of Inventory ................................

1.2

3.1

4

2.3

93.7%

Percent Under Contract ........................................

71.7%

37.8%

51.7%

58.6%

-18.3%

Average Median Price for Last 12 Months ........

$570,923

$631,667

$649,333

$627,692

9.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$675

JUN

$675,000

JUL AUG

MEDIAN SALES PRICE

SEP

$440

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$675 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Arcadia DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,284,000

$1,555,000

$1,298,000

$1,213,000

-5.5%

Average Price per Square Foot ...........................

$573

$610

$563

$579

1.0%

Properties Sold .......................................................

46

20

19

48

4.3%

Properties Pending Sale .......................................

66

38

33

49

-25.8%

Properties For Sale ................................................

114

169

192

236

107.0%

Days on Market (Pending Sale) ...........................

35

50

74

69

97.1%

Month’s Supply of Inventory ................................

2.5

8.4

10.1

4.9

98.4%

Percent Under Contract ........................................

57.9%

22.5%

17.2%

20.8%

-64.1%

Average Median Price for Last 12 Months ........

$1,321,231

$1,264,083

$1,233,833

$1,318,500

-0.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.284

JUN

$1,213,000

JUL AUG

MEDIAN SALES PRICE

SEP

$579

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.213 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Duarte DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$435,000

$418,000

$420,000

$515,000

18.4%

Average Price per Square Foot ...........................

$323

$316

$322

$337

4.3%

Properties Sold .......................................................

9

12

17

13

44.4%

Properties Pending Sale .......................................

12

18

18

17

41.7%

Properties For Sale ................................................

29

29

16

18

-37.9%

Days on Market (Pending Sale) ...........................

54

40

53

84

55.6%

Month’s Supply of Inventory ................................

3.2

2.4

0.9

1.4

-57.0%

Percent Under Contract ........................................

41.4%

62.1%

112.5%

94.4%

128.2%

Average Median Price for Last 12 Months ........

$391,462

$468,000

$491,000

$448,923

14.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$435

JUN

$515,000

JUL AUG

MEDIAN SALES PRICE

SEP

$337

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$515 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Eagle Rock DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$645,000

$690,000

$733,000

$741,000

14.9%

Average Price per Square Foot ...........................

$434

$471

$451

$446

2.8%

Properties Sold .......................................................

12

26

7

13

8.3%

Properties Pending Sale .......................................

16

8

12

20

25.0%

Properties For Sale ................................................

25

21

24

30

20.0%

Days on Market (Pending Sale) ...........................

38

37

45

49

28.9%

Month’s Supply of Inventory ................................

2.1

0.8

3.4

2.3

10.8%

Percent Under Contract ........................................

64.0%

38.1%

50.0%

66.7%

4.2%

Average Median Price for Last 12 Months ........

$564,000

$712,000

$706,333

$692,923

22.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$645

JUN

$741,000

JUL AUG

MEDIAN SALES PRICE

SEP

$446

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$741 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


La Canada Flintridge DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,298,000

$1,275,000

$1,455,000

$1,750,000

34.8%

Average Price per Square Foot ...........................

$506

$533

$602

$603

19.2%

Properties Sold .......................................................

24

15

15

27

12.5%

Properties Pending Sale .......................................

22

19

18

30

36.4%

Properties For Sale ................................................

49

33

48

56

14.3%

Days on Market (Pending Sale) ...........................

54

68

43

40

-25.9%

Month’s Supply of Inventory ................................

2

2.2

3.2

2.1

1.6%

Percent Under Contract ........................................

44.9%

57.6%

37.5%

53.6%

19.3%

Average Median Price for Last 12 Months ........

$1,288,923

$1,667,170

$1,873,006

$1,498,924

16.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.298

JUN

$1,750,000

JUL AUG

MEDIAN SALES PRICE

SEP

$603

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.750 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Monrovia DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$580,000

$569,000

$525,000

$648,000

11.7%

Average Price per Square Foot ...........................

$418

$356

$381

$435

4.1%

Properties Sold .......................................................

25

18

15

31

24.0%

Properties Pending Sale .......................................

29

19

22

39

34.5%

Properties For Sale ................................................

59

63

64

62

5.1%

Days on Market (Pending Sale) ...........................

55

44

55

64

16.4%

Month’s Supply of Inventory ................................

2.4

3.5

4.3

2

-15.3%

Percent Under Contract ........................................

49.2%

30.2%

34.4%

62.9%

28.0%

Average Median Price for Last 12 Months ........

$532,000

$595,000

$625,333

$604,385

13.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$580

JUN

$648,000

JUL AUG

MEDIAN SALES PRICE

SEP

$435

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$648 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Pasadena DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$806,000

$720,000

$739,000

$778,000

-3.5%

Average Price per Square Foot ...........................

$493

$554

$552

$544

10.3%

Properties Sold .......................................................

87

57

47

86

-1.1%

Properties Pending Sale .......................................

88

74

82

82

-6.8%

Properties For Sale ................................................

186

180

170

174

-6.5%

Days on Market (Pending Sale) ...........................

48

63

57

53

10.4%

Month’s Supply of Inventory ................................

2.1

3.2

3.6

2

-5.4%

Percent Under Contract ........................................

47.3%

41.1%

48.2%

47.1%

-0.4%

Average Median Price for Last 12 Months ........

$682,923

$762,000

$787,667

$764,615

12.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$806

JUN

$778,000

JUL AUG

MEDIAN SALES PRICE

SEP

$544

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$778 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


San Gabriel DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$776,000

$625,000

$641,000

$770,000

-0.8%

Average Price per Square Foot ...........................

$422

$409

$430

$438

3.8%

Properties Sold .......................................................

10

25

14

21

110.0%

Properties Pending Sale .......................................

28

18

21

19

-32.1%

Properties For Sale ................................................

48

52

50

65

35.4%

Days on Market (Pending Sale) ...........................

77

51

48

58

-24.7%

Month’s Supply of Inventory ................................

4.8

2.1

3.6

3.1

-35.5%

Percent Under Contract ........................................

58.3%

34.6%

42.0%

29.2%

-49.9%

Average Median Price for Last 12 Months ........

$616,000

$726,083

$714,167

$707,808

14.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$776

JUN

$770,000

JUL AUG

MEDIAN SALES PRICE

SEP

$438

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$770 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


San Marino DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,925,000

$2,750,000

$2,330,000

$2,760,000

43.4%

Average Price per Square Foot ...........................

$837

$895

$986

$862

3.0%

Properties Sold .......................................................

12

5

9

16

33.3%

Properties Pending Sale .......................................

9

9

9

14

55.6%

Properties For Sale ................................................

17

25

23

37

117.6%

Days on Market (Pending Sale) ...........................

30

27

59

66

120.0%

Month’s Supply of Inventory ................................

1.4

5

2.6

2.3

63.2%

Percent Under Contract ........................................

52.9%

36.0%

39.1%

37.8%

-28.5%

Average Median Price for Last 12 Months ........

$1,973,923

$2,304,167

$2,528,333

$2,243,385

13.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.925

JUN

$2,760,000

JUL AUG

MEDIAN SALES PRICE

SEP

$862

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.760 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Sierra Madre DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$846,000

$998,000

$680,000

$938,000

10.9%

Average Price per Square Foot ...........................

$434

$381

$506

$444

2.3%

Properties Sold .......................................................

10

9

7

13

30.0%

Properties Pending Sale .......................................

9

13

7

15

66.7%

Properties For Sale ................................................

26

17

21

24

-7.7%

Days on Market (Pending Sale) ...........................

49

72

57

34

-30.6%

Month’s Supply of Inventory ................................

2.6

1.9

3

1.8

-29.0%

Percent Under Contract ........................................

34.6%

76.5%

33.3%

62.5%

80.6%

Average Median Price for Last 12 Months ........

$836,231

$930,583

$1,063,500

$896,731

7.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$846

JUN

$938,000

JUL AUG

MEDIAN SALES PRICE

SEP

$444

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$938 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


South Pasadena DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$770,000

$1,353,000

$1,000,000

$1,348,000

75.1%

Average Price per Square Foot ...........................

$684

$574

$529

$617

-9.8%

Properties Sold .......................................................

3

4

7

12

300.0%

Properties Pending Sale .......................................

9

11

9

14

55.6%

Properties For Sale ................................................

17

17

12

17

0.0%

Days on Market (Pending Sale) ...........................

29

36

22

56

93.1%

Month’s Supply of Inventory ................................

5.7

4.2

1.7

1.4

-75.0%

Percent Under Contract ........................................

52.9%

64.7%

75.0%

82.4%

55.6%

Average Median Price for Last 12 Months ........

$944,923

$1,174,465

$1,165,596

$1,139,830

20.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$770

JUN

$1,348,000

JUL AUG

MEDIAN SALES PRICE

SEP

$617

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.348 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Orange County

Orange County Macro

Ladera Ranch

San Juan Capistrano

Aliso Viejo

Laguna Beach

Shady Canyon

Balboa Peninsula

Laguna Hills

Turtle Ridge

Corona del Mar - Spyglass

Laguna Niguel

Turtle Rock

Coto de Caza

Laguna Woods

West Bay - Santa Ana Heights

Crystal Cove

Lower Newport Bay - Balboa Island

West Newport - Lido

Dana Point

Mission Viejo

Westminster

East Bluff - Harbor View

Newport Beach

East Costa Mesa

Newport Coast

Fountain Valley

Newport Heights

Huntington Beach

Rancho Santa Margarita

Irvine

San Clemente

Micro Market Report : May 2015

telesproperties.com


County: ORANGE Area: 948 SQ MILES Founded: 1889

Micro Market Report : May 2015

telesproperties.com


Orange County DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$676,000

$679,192

$659,000

$705,000

4.3%

Average Price per Square Foot ...........................

$405

$407

$415

$426

5.2%

Properties Sold .......................................................

1701

1250

1101

1786

5.0%

Properties Pending Sale .......................................

1820

1314

1703

1968

8.1%

Properties For Sale ................................................

7,189

6,376

5,989

6,990

-2.8%

Days on Market (Pending Sale) ...........................

51

70

59

47

-7.8%

Month’s Supply of Inventory ................................

4.2

5.1

5.4

3.9

-7.4%

Percent Under Contract ........................................

25.3%

20.6%

28.4%

28.2%

11.2%

Average Median Price for Last 12 Months ........

$641,000

$676,000

$693,333

$677,780

5.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$676

JUN

$705,000

JUL AUG

MEDIAN SALES PRICE

SEP

$426

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$705 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Aliso Viejo DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$715,000

$705,000

$710,000

$738,000

3.2%

Average Price per Square Foot ...........................

$351

$346

$340

$366

4.3%

Properties Sold .......................................................

31

15

17

30

-3.2%

Properties Pending Sale .......................................

24

16

17

29

20.8%

Properties For Sale ................................................

84

63

56

73

-13.1%

Days on Market (Pending Sale) ...........................

51

101

75

30

-41.2%

Month’s Supply of Inventory ................................

2.7

4.2

3.3

2.4

-10.2%

Percent Under Contract ........................................

28.6%

25.4%

30.4%

39.7%

39.0%

Average Median Price for Last 12 Months ........

$688,000

$714,333

$741,000

$723,577

5.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$715

JUN

$738,000

JUL AUG

MEDIAN SALES PRICE

SEP

$366

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$738 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Balboa Peninsula DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$4,500,000

$2,010,000

$2,800,000

$2,465,000

-45.2%

Average Price per Square Foot ...........................

$1,498

$1,776

$1,256

$1,167

-22.1%

Properties Sold .......................................................

7

7

5

23

228.6%

Properties Pending Sale .......................................

4

1

2

28

600.0%

Properties For Sale ................................................

41

35

29

136

231.7%

Days on Market (Pending Sale) ...........................

103

31

221

82

-20.4%

Month’s Supply of Inventory ................................

5.9

5

5.8

5.9

1.0%

Percent Under Contract ........................................

9.8%

2.9%

6.9%

20.6%

111.0%

Average Median Price for Last 12 Months ........

$2,610,000

$2,604,000

$2,879,667

$2,807,808

7.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $4.500

MAY JUN

$2,465,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,167

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.465 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Corona del Mar - Spyglass DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$2,349,000

$2,410,000

$1,718,294

$2,500,000

6.4%

Average Price per Square Foot ...........................

$1,067

$1,211

$857

$1,122

5.2%

Properties Sold .......................................................

13

9

10

15

15.4%

Properties Pending Sale .......................................

10

11

9

17

70.0%

Properties For Sale ................................................

66

78

71

93

40.9%

Days on Market (Pending Sale) ...........................

50

54

87

57

14.0%

Month’s Supply of Inventory ................................

5.1

8.7

7.1

6.2

22.1%

Percent Under Contract ........................................

15.2%

14.1%

12.7%

18.3%

20.6%

Average Median Price for Last 12 Months ........

$2,491,000

$2,249,466

$2,438,667

$2,131,600

-14.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$2.349

JUN

$2,500,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,122

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Coto de Caza DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,062,000

$1,555,000

$999,000

$1,241,316

16.9%

Average Price per Square Foot ...........................

$336

$348

$340

$390

16.1%

Properties Sold .......................................................

26

11

9

26

0.0%

Properties Pending Sale .......................................

12

18

25

19

58.3%

Properties For Sale ................................................

131

118

113

124

-5.3%

Days on Market (Pending Sale) ...........................

64

83

52

61

-4.7%

Month’s Supply of Inventory ................................

5

10.7

12.6

4.8

-5.3%

Percent Under Contract ........................................

9.2%

15.3%

22.1%

15.3%

67.3%

Average Median Price for Last 12 Months ........

$1,067,000

$1,195,228

$1,165,455

$1,187,374

11.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.062

JUN

$1,241,316

JUL AUG

MEDIAN SALES PRICE

SEP

$390

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.241 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Crystal Cove DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$5,149,000

$5,000,000

$0

$3,025,000

-41.3%

Average Price per Square Foot ...........................

$1,157

$1,070

$0

$878

-24.1%

Properties Sold .......................................................

2

3

0

14

600.0%

Properties Pending Sale .......................................

1

2

0

13

1200.0%

Properties For Sale ................................................

23

19

21

83

260.9%

Days on Market (Pending Sale) ...........................

17

128

0

89

423.5%

Month’s Supply of Inventory ................................

11.5

6.3

0

5.9

-48.4%

Percent Under Contract ........................................

4.3%

10.5%

0.0%

15.7%

260.2%

Average Median Price for Last 12 Months ........

$4,522,000

$5,755,611

$6,190,815

$5,599,631

23.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $5.149

MAY JUN

$3,025,000

JUL AUG

MEDIAN SALES PRICE

SEP

$878

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.025 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Dana Point DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$832,000

$969,000

$1,159,500

$935,000

12.4%

Average Price per Square Foot ...........................

$541

$596

$766

$548

1.3%

Properties Sold .......................................................

30

22

18

39

30.0%

Properties Pending Sale .......................................

38

34

29

37

-2.6%

Properties For Sale ................................................

213

163

157

186

-12.7%

Days on Market (Pending Sale) ...........................

64

85

84

58

-9.4%

Month’s Supply of Inventory ................................

7.1

7.4

8.7

4.8

-32.8%

Percent Under Contract ........................................

17.8%

20.9%

18.5%

19.9%

11.5%

Average Median Price for Last 12 Months ........

$896,000

$1,036,731

$1,018,983

$958,561

7.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$832

JUN

$935,000

JUL AUG

MEDIAN SALES PRICE

SEP

$548

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$935 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


East Bluff - Harbor View DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,925,000

$1,562,500

$1,650,000

$1,800,000

-6.5%

Average Price per Square Foot ...........................

$667

$689

$572

$691

3.6%

Properties Sold .......................................................

19

16

11

23

21.1%

Properties Pending Sale .......................................

22

18

24

32

45.5%

Properties For Sale ................................................

119

98

91

189

58.8%

Days on Market (Pending Sale) ...........................

49

87

81

86

75.5%

Month’s Supply of Inventory ................................

6.3

6.1

8.3

8.2

31.2%

Percent Under Contract ........................................

18.5%

18.4%

26.4%

16.9%

-8.4%

Average Median Price for Last 12 Months ........

$1,698,000

$1,761,656

$1,770,313

$1,739,841

2.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.925

JUN

$1,800,000

JUL AUG

MEDIAN SALES PRICE

SEP

$691

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

8.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.800 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


East Costa Mesa DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$962,694

$850,000

$1,010,980

$818,750

-15.0%

Average Price per Square Foot ...........................

$543

$470

$470

$537

-1.1%

Properties Sold .......................................................

20

19

16

12

-40.0%

Properties Pending Sale .......................................

19

17

15

12

-36.8%

Properties For Sale ................................................

73

66

53

53

-27.4%

Days on Market (Pending Sale) ...........................

67

86

51

37

-44.8%

Month’s Supply of Inventory ................................

3.6

3.5

3.3

4.4

21.0%

Percent Under Contract ........................................

26.0%

25.8%

28.3%

22.6%

-13.0%

Average Median Price for Last 12 Months ........

$849,000

$965,705

$912,750

$918,417

8.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $962

MAY JUN

$818,750

JUL AUG

MEDIAN SALES PRICE

SEP

$537

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$818 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Fountain Valley DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$699,900

$679,000

$680,000

$745,000

6.4%

Average Price per Square Foot ...........................

$353

$353

$358

$365

3.4%

Properties Sold .......................................................

25

15

19

21

-16.0%

Properties Pending Sale .......................................

17

17

26

35

105.9%

Properties For Sale ................................................

87

56

60

86

-1.1%

Days on Market (Pending Sale) ...........................

33

49

58

36

9.1%

Month’s Supply of Inventory ................................

3.5

3.7

3.2

4.1

17.7%

Percent Under Contract ........................................

19.5%

30.4%

43.3%

40.7%

108.3%

Average Median Price for Last 12 Months ........

$644,000

$701,333

$726,500

$690,877

7.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$699

JUN

$745,000

JUL AUG

MEDIAN SALES PRICE

SEP

$365

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$745 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Huntington Beach DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$730,000

$714,500

$800,000

$789,000

8.1%

Average Price per Square Foot ...........................

$427

$414

$439

$448

4.9%

Properties Sold .......................................................

105

84

75

121

15.2%

Properties Pending Sale .......................................

110

76

92

130

18.2%

Properties For Sale ................................................

427

334

312

409

-4.2%

Days on Market (Pending Sale) ...........................

66

66

48

41

-37.9%

Month’s Supply of Inventory ................................

4.1

4

4.2

3.4

-16.9%

Percent Under Contract ........................................

25.8%

22.8%

29.5%

31.8%

23.4%

Average Median Price for Last 12 Months ........

$716,000

$781,000

$773,667

$760,231

6.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$730

JUN

$789,000

JUL AUG

MEDIAN SALES PRICE

SEP

$448

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$789 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Irvine DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$895,000

$970,000

$935,000

$917,000

2.5%

Average Price per Square Foot ...........................

$474

$433

$477

$465

-1.9%

Properties Sold .......................................................

94

77

63

104

10.6%

Properties Pending Sale .......................................

100

72

102

110

10.0%

Properties For Sale ................................................

443

350

321

439

-0.9%

Days on Market (Pending Sale) ...........................

52

81

50

48

-7.7%

Month’s Supply of Inventory ................................

4.7

4.5

5.1

4.2

-10.4%

Percent Under Contract ........................................

22.6%

20.6%

31.8%

25.1%

11.0%

Average Median Price for Last 12 Months ........

$890,000

$930,191

$933,483

$925,432

4.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$895

JUN

$917,000

JUL AUG

MEDIAN SALES PRICE

SEP

$465

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$917 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Ladera Ranch DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$804,500

$739,150

$735,000

$885,000

10.0%

Average Price per Square Foot ...........................

$327

$326

$334

$333

1.8%

Properties Sold .......................................................

24

15

21

24

0.0%

Properties Pending Sale .......................................

35

27

32

39

11.4%

Properties For Sale ................................................

159

118

115

145

-8.8%

Days on Market (Pending Sale) ...........................

63

107

69

75

19.0%

Month’s Supply of Inventory ................................

6.6

7.9

5.5

6

-8.8%

Percent Under Contract ........................................

22.0%

22.9%

27.8%

26.9%

22.2%

Average Median Price for Last 12 Months ........

$852,000

$844,583

$934,000

$858,147

0.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$804

JUN

$885,000

JUL AUG

MEDIAN SALES PRICE

SEP

$333

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$885 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Laguna Beach DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$2,050,000

$1,600,000

$1,850,000

$2,351,000

14.7%

Average Price per Square Foot ...........................

$1,064

$908

$856

$1,125

5.7%

Properties Sold .......................................................

31

31

21

33

6.5%

Properties Pending Sale .......................................

33

32

38

28

-15.2%

Properties For Sale ................................................

260

225

223

270

3.8%

Days on Market (Pending Sale) ...........................

92

118

84

70

-23.9%

Month’s Supply of Inventory ................................

8.4

7.3

10.6

8.2

-2.4%

Percent Under Contract ........................................

12.7%

14.2%

17.0%

10.4%

-18.3%

Average Median Price for Last 12 Months ........

$1,758,000

$1,899,458

$1,936,583

$1,907,827

8.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$2.050

JUN

$2,351,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,125

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

8.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.351 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Laguna Niguel DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$863,950

$831,000

$840,000

$909,000

5.2%

Average Price per Square Foot ...........................

$405

$364

$386

$402

-0.7%

Properties Sold .......................................................

66

48

40

64

-3.0%

Properties Pending Sale .......................................

61

52

58

64

4.9%

Properties For Sale ................................................

323

277

242

295

-8.7%

Days on Market (Pending Sale) ...........................

67

82

79

77

14.9%

Month’s Supply of Inventory ................................

4.9

5.8

6

4.6

-5.8%

Percent Under Contract ........................................

18.9%

18.8%

24.0%

21.7%

14.9%

Average Median Price for Last 12 Months ........

$784,000

$835,667

$853,000

$824,919

5.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$863

JUN

$909,000

JUL AUG

MEDIAN SALES PRICE

SEP

$402

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$909 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Laguna Hills DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$684,500

$780,750

$615,000

$855,000

24.9%

Average Price per Square Foot ...........................

$363

$328

$356

$355

-2.2%

Properties Sold .......................................................

24

13

13

14

-41.7%

Properties Pending Sale .......................................

25

23

22

21

-16.0%

Properties For Sale ................................................

112

92

75

115

2.7%

Days on Market (Pending Sale) ...........................

74

74

58

39

-47.3%

Month’s Supply of Inventory ................................

4.7

7.1

5.8

8.2

76.0%

Percent Under Contract ........................................

22.3%

25.0%

29.3%

18.3%

-18.2%

Average Median Price for Last 12 Months ........

$709,000

$764,000

$818,000

$764,019

7.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$684

JUN

$855,000

JUL AUG

MEDIAN SALES PRICE

SEP

$355

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

8.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$855 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Laguna Woods DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$0

$0

$0

$0

0%

Average Price per Square Foot ...........................

$0

$0

$0

$0

0%

Properties Sold .......................................................

0

0

0

0

0%

Properties Pending Sale .......................................

0

0

0

1

0%

Properties For Sale ................................................

0

0

0

1

0%

Days on Market (Pending Sale) ...........................

0

0

0

3

0%

Month’s Supply of Inventory ................................

0

0

0

0

0%

Percent Under Contract ........................................

0%

0%

0%

100.0%

0%

Average Median Price for Last 12 Months ........

$621,000

$0

$0

$0

0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY JUN

No sales

JUL AUG

MEDIAN SALES PRICE

SEP

No sales

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

No sales MONTH’S SUPPLY OF INVENTORY

MAR APR MAY M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Lower Newport Bay - Balboa Island DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,955,100

$2,312,500

$2,595,000

$2,525,000

29.1%

Average Price per Square Foot ...........................

$1,026

$997

$954

$984

-4.1%

Properties Sold .......................................................

10

2

1

8

-20.0%

Properties Pending Sale .......................................

4

0

5

6

50.0%

Properties For Sale ................................................

41

36

32

36

-12.2%

Days on Market (Pending Sale) ...........................

60

0

111

108

80.0%

Month’s Supply of Inventory ................................

4.1

18

32

4.5

9.8%

Percent Under Contract ........................................

9.8%

0.0%

15.6%

16.7%

70.8%

Average Median Price for Last 12 Months ........

$2,725,000

$2,890,648

$2,724,629

$3,023,768

11.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.955

JUN

$2,525,000

JUL AUG

MEDIAN SALES PRICE

SEP

$984

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.525 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Mission Viejo DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$631,500

$600,000

$667,500

$685,000

8.5%

Average Price per Square Foot ...........................

$335

$330

$325

$337

0.6%

Properties Sold .......................................................

83

58

50

119

43.4%

Properties Pending Sale .......................................

92

74

89

128

39.1%

Properties For Sale ................................................

310

284

257

328

5.8%

Days on Market (Pending Sale) ...........................

46

63

53

40

-13.0%

Month’s Supply of Inventory ................................

3.7

4.9

5.1

2.8

-26.2%

Percent Under Contract ........................................

29.7%

26.1%

34.6%

39.0%

31.5%

Average Median Price for Last 12 Months ........

$617,000

$652,500

$656,000

$642,031

4.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$631

JUN

$685,000

JUL AUG

MEDIAN SALES PRICE

SEP

$337

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$685 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Newport Beach DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,925,000

$1,595,000

$1,750,312

$2,165,000

12.5%

Average Price per Square Foot ...........................

$882

$845

$903

$911

3.3%

Properties Sold .......................................................

63

43

36

53

-15.9%

Properties Pending Sale .......................................

60

46

60

61

1.7%

Properties For Sale ................................................

351

311

290

343

-2.3%

Days on Market (Pending Sale) ...........................

63

89

104

79

25.4%

Month’s Supply of Inventory ................................

5.6

7.2

8.1

6.5

16.2%

Percent Under Contract ........................................

17.1%

14.8%

20.7%

17.8%

4.0%

Average Median Price for Last 12 Months ........

$1,745,000

$1,834,052

$1,903,333

$1,831,486

5.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.925

JUN

$2,165,000

JUL AUG

MEDIAN SALES PRICE

SEP

$911

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.165 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Newport Coast DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,814,250

$4,191,925

$3,125,000

$3,025,000

66.7%

Average Price per Square Foot ...........................

$785

$1,006

$934

$878

11.8%

Properties Sold .......................................................

11

9

9

14

27.3%

Properties Pending Sale .......................................

11

4

14

14

27.3%

Properties For Sale ................................................

110

80

80

84

-23.6%

Days on Market (Pending Sale) ...........................

151

376

78

108

-28.5%

Month’s Supply of Inventory ................................

10

8.9

8.9

6

-40.0%

Percent Under Contract ........................................

10.0%

5.0%

17.5%

16.7%

66.7%

Average Median Price for Last 12 Months ........

$2,881,000

$3,072,500

$2,870,000

$3,159,506

9.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.814

JUN

$3,025,000

JUL AUG

MEDIAN SALES PRICE

SEP

$878

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$3.025 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

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Newport Heights DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$2,416,366

$1,237,500

$1,300,000

$2,202,500

-8.9%

Average Price per Square Foot ...........................

$652

$608

$574

$697

6.9%

Properties Sold .......................................................

8

4

1

4

-50.0%

Properties Pending Sale .......................................

4

6

8

8

100.0%

Properties For Sale ................................................

25

32

31

38

52.0%

Days on Market (Pending Sale) ...........................

108

73

86

77

-28.7%

Month’s Supply of Inventory ................................

3.1

8

31

9.5

204.0%

Percent Under Contract ........................................

16.0%

18.8%

25.8%

21.1%

31.6%

Average Median Price for Last 12 Months ........

$1,569,000

$1,709,917

$2,052,500

$1,859,035

18.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$2.416

JUN

$2,202,500

JUL AUG

MEDIAN SALES PRICE

SEP

$697

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

9.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.202 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

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Rancho Santa Margarita DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$643,500

$623,950

$625,000

$662,500

3.0%

Average Price per Square Foot ...........................

$320

$314

$323

$323

0.9%

Properties Sold .......................................................

35

32

27

62

77.1%

Properties Pending Sale .......................................

58

37

51

58

0.0%

Properties For Sale ................................................

178

159

143

178

0.0%

Days on Market (Pending Sale) ...........................

47

87

70

44

-6.4%

Month’s Supply of Inventory ................................

5.1

5

5.3

2.9

-43.5%

Percent Under Contract ........................................

32.6%

23.3%

35.7%

32.6%

0.0%

Average Median Price for Last 12 Months ........

$635,000

$657,208

$661,917

$652,738

2.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$643

JUN

$662,500

JUL AUG

MEDIAN SALES PRICE

SEP

$323

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$662 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

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San Clemente DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$853,750

$900,000

$812,000

$900,000

5.4%

Average Price per Square Foot ...........................

$390

$375

$389

$412

5.6%

Properties Sold .......................................................

68

51

45

73

7.4%

Properties Pending Sale .......................................

70

51

60

83

18.6%

Properties For Sale ................................................

311

268

249

296

-4.8%

Days on Market (Pending Sale) ...........................

67

96

51

46

-31.3%

Month’s Supply of Inventory ................................

4.6

5.3

5.5

4.1

-11.3%

Percent Under Contract ........................................

22.5%

19.0%

24.1%

28.0%

24.6%

Average Median Price for Last 12 Months ........

$815,000

$844,917

$873,333

$845,385

3.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$853

JUN

$900,000

JUL AUG

MEDIAN SALES PRICE

SEP

$412

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$900 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

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San Juan Capistrano DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$995,000

$960,000

$640,000

$1,175,000

18.1%

Average Price per Square Foot ...........................

$351

$338

$329

$380

8.3%

Properties Sold .......................................................

25

17

17

25

0.0%

Properties Pending Sale .......................................

28

17

27

26

-7.1%

Properties For Sale ................................................

143

132

136

156

9.1%

Days on Market (Pending Sale) ...........................

80

79

88

42

-47.5%

Month’s Supply of Inventory ................................

5.7

7.8

8

6.2

9.1%

Percent Under Contract ........................................

19.6%

12.9%

19.9%

16.7%

-14.9%

Average Median Price for Last 12 Months ........

$856,000

$811,125

$907,917

$798,934

-6.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$995

JUN

$1,175,000

JUL AUG

MEDIAN SALES PRICE

SEP

$380

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.175 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

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Shady Canyon DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$0

$0

$5,800,000

$0

0%

Average Price per Square Foot ...........................

$0

$0

$753

$0

0%

Properties Sold .......................................................

0

0

1

0

0%

Properties Pending Sale .......................................

0

0

1

0

0%

Properties For Sale ................................................

3

2

2

1

-66.7%

Days on Market (Pending Sale) ...........................

0

0

679

0

0%

Month’s Supply of Inventory ................................

0

0

2

0

0%

Percent Under Contract ........................................

0.0%

0.0%

50.0%

0.0%

0%

Average Median Price for Last 12 Months ........

$5,622,000

$5,800,000

$0

$4,500,000

-20.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY JUN

No sales

JUL AUG

MEDIAN SALES PRICE

SEP

No sales

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

No sales MONTH’S SUPPLY OF INVENTORY

MAR APR MAY M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

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Turtle Ridge DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$3,550,000

$2,031,944

$1,754,500

$1,850,000

-47.9%

Average Price per Square Foot ...........................

$725

$659

$643

$629

-13.2%

Properties Sold .......................................................

2

4

2

3

50.0%

Properties Pending Sale .......................................

6

6

2

1

-83.3%

Properties For Sale ................................................

35

30

19

25

-28.6%

Days on Market (Pending Sale) ...........................

155

79

32

149

-3.9%

Month’s Supply of Inventory ................................

17.5

7.5

9.5

8.3

-52.4%

Percent Under Contract ........................................

17.1%

20.0%

10.5%

4.0%

-76.7%

Average Median Price for Last 12 Months ........

$2,239,000

$2,281,583

$2,489,167

$2,369,111

5.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $3.550

MAY JUN

$1,850,000

JUL AUG

MEDIAN SALES PRICE

SEP

$629

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

8.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.850 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Turtle Rock DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$0

$970,000

$1,708,750

$1,135,000

0%

Average Price per Square Foot ...........................

$0

$606

$479

$692

0%

Properties Sold .......................................................

0

1

2

1

0%

Properties Pending Sale .......................................

0

0

2

7

0%

Properties For Sale ................................................

3

7

8

11

266.7%

Days on Market (Pending Sale) ...........................

0

0

48

28

0%

Month’s Supply of Inventory ................................

0

7

4

11

0%

Percent Under Contract ........................................

0.0%

0.0%

25.0%

63.6%

0%

Average Median Price for Last 12 Months ........

$1,616,000

$1,295,850

$1,138,500

$1,235,607

-23.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY JUN

$1,135,000

JUL AUG

MEDIAN SALES PRICE

SEP

$692

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

11 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.135 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Westminster DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$518,500

$562,000

$530,000

$537,750

3.7%

Average Price per Square Foot ...........................

$307

$344

$378

$327

6.5%

Properties Sold .......................................................

36

29

19

38

5.6%

Properties Pending Sale .......................................

43

26

36

43

0.0%

Properties For Sale ................................................

140

91

107

95

-32.1%

Days on Market (Pending Sale) ...........................

42

55

32

30

-28.6%

Month’s Supply of Inventory ................................

3.9

3.1

5.6

2.5

-35.7%

Percent Under Contract ........................................

30.7%

28.6%

33.6%

45.3%

47.4%

Average Median Price for Last 12 Months ........

$499,000

$538,308

$542,650

$537,061

7.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$518

JUN

$537,750

JUL AUG

MEDIAN SALES PRICE

SEP

$327

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$537 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


West Bay - Santa Ana Heights DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,270,000

$1,375,000

$1,680,312

$1,600,000

26.0%

Average Price per Square Foot ...........................

$556

$564

$1,243

$627

12.8%

Properties Sold .......................................................

9

10

8

7

-22.2%

Properties Pending Sale .......................................

15

12

11

10

-33.3%

Properties For Sale ................................................

68

60

58

70

2.9%

Days on Market (Pending Sale) ...........................

58

104

136

52

-10.3%

Month’s Supply of Inventory ................................

7.6

6

7.2

10

32.4%

Percent Under Contract ........................................

22.1%

20.0%

19.0%

14.3%

-35.2%

Average Median Price for Last 12 Months ........

$1,459,000

$1,552,977

$1,566,583

$1,507,585

3.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.270

JUN

$1,600,000

JUL AUG

MEDIAN SALES PRICE

SEP

$627

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

10 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.600 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


West Newport - Lido DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$2,850,000

$1,976,000

$1,940,000

$2,325,000

-18.4%

Average Price per Square Foot ...........................

$1,191

$832

$1,183

$1,150

-3.4%

Properties Sold .......................................................

10

4

11

11

10.0%

Properties Pending Sale .......................................

11

7

8

12

9.1%

Properties For Sale ................................................

57

48

49

54

-5.3%

Days on Market (Pending Sale) ...........................

66

80

132

62

-6.1%

Month’s Supply of Inventory ................................

5.7

12

4.5

4.9

-13.9%

Percent Under Contract ........................................

19.3%

14.6%

16.3%

22.2%

15.2%

Average Median Price for Last 12 Months ........

$1,937,000

$2,226,667

$2,298,333

$2,168,417

11.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot $2.850

MAY JUN

$2,325,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,150

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.325 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Santa Barbara County

Carpinteria

Santa Barbara East of State

Goleta

Santa Barbara West of State

Hope Ranch

Santa Ynez

Montecito

Micro Market Report : May 2015

telesproperties.com


County: SANTA BARBARA Area: 3,789 SQ MILES Founded: 1850

Micro Market Report : May 2015

telesproperties.com


Carpinteria DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$708,250

$820,000

$895,000

$994,000

40.3%

Average Price per Square Foot ...........................

$521

$576

$1,057

$1,076

106.5%

Properties Sold .......................................................

6

9

6

9

50.0%

Properties Pending Sale .......................................

2

4

11

8

300.0%

Properties For Sale ................................................

37

34

44

34

-8.1%

Days on Market (Pending Sale) ...........................

87

37

37

66

-24.1%

Month’s Supply of Inventory ................................

6.2

3.8

7.3

3.8

-38.7%

Percent Under Contract ........................................

5.4%

11.8%

25.0%

23.5%

335.3%

Average Median Price for Last 12 Months ........

$1,098,000

$903,417

$861,333

$1,178,904

7.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$708

JUN

$994,000

JUL AUG

MEDIAN SALES PRICE

SEP

$1,076

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$994 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Goleta DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$780,000

$700,000

$711,300

$862,500

10.6%

Average Price per Square Foot ...........................

$443

$417

$0

$425

-4.1%

Properties Sold .......................................................

8

7

1

16

100.0%

Properties Pending Sale .......................................

5

7

16

14

180.0%

Properties For Sale ................................................

18

29

34

34

88.9%

Days on Market (Pending Sale) ...........................

13

58

57

22

69.2%

Month’s Supply of Inventory ................................

2.2

4.1

34

2.1

-5.6%

Percent Under Contract ........................................

27.8%

24.1%

47.1%

41.2%

48.2%

Average Median Price for Last 12 Months ........

$761,000

$761,042

$809,167

$779,596

2.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$780

JUN

$862,500

JUL AUG

MEDIAN SALES PRICE

SEP

$425

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$862 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Hope Ranch DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$2,812,500

$1,899,000

$2,605,000

$2,500,000

-11.1%

Average Price per Square Foot ...........................

$875

$583

$988

$725

-17.1%

Properties Sold .......................................................

1

2

5

3

200.0%

Properties Pending Sale .......................................

3

4

7

1

-66.7%

Properties For Sale ................................................

38

28

25

20

-47.4%

Days on Market (Pending Sale) ...........................

40

354

64

16

-60.0%

Month’s Supply of Inventory ................................

38

14

5

6.7

-82.5%

Percent Under Contract ........................................

7.9%

14.3%

28.0%

5.0%

-36.7%

Average Median Price for Last 12 Months ........

$2,971,000

$3,182,083

$3,287,500

$2,789,769

-6.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$2.812

JUN

$2,500,000

JUL AUG

MEDIAN SALES PRICE

SEP

$725

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.500 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Montecito DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$2,167,500

$2,675,000

$6,500,000

$4,395,000

102.8%

Average Price per Square Foot ...........................

$871

$793

$1,435

$954

9.5%

Properties Sold .......................................................

18

5

11

21

16.7%

Properties Pending Sale .......................................

27

11

16

14

-48.1%

Properties For Sale ................................................

195

143

145

158

-19.0%

Days on Market (Pending Sale) ...........................

86

128

81

91

5.8%

Month’s Supply of Inventory ................................

10.8

28.6

13.2

7.5

-30.5%

Percent Under Contract ........................................

13.8%

7.7%

11.0%

8.9%

-36.0%

Average Median Price for Last 12 Months ........

$2,411,000

$3,845,219

$3,125,000

$3,376,139

40.0%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$2.167

JUN

$4,395,000

JUL AUG

MEDIAN SALES PRICE

SEP

$954

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$4.395 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Santa Barbara East of State DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,425,000

$1,018,750

$1,000,000

$1,691,500

18.7%

Average Price per Square Foot ...........................

$659

$675

$641

$713

8.2%

Properties Sold .......................................................

41

24

13

38

-7.3%

Properties Pending Sale .......................................

21

24

31

38

81.0%

Properties For Sale ................................................

119

115

111

152

27.7%

Days on Market (Pending Sale) ...........................

40

89

46

42

5.0%

Month’s Supply of Inventory ................................

2.9

4.8

8.5

4

37.8%

Percent Under Contract ........................................

17.6%

20.9%

27.9%

25.0%

41.7%

Average Median Price for Last 12 Months ........

$1,084,000

$1,292,583

$1,391,833

$1,247,712

15.1%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.425

JUN

$1,691,500

JUL AUG

MEDIAN SALES PRICE

SEP

$713

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.691 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Santa Barbara West of State DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$950,000

$1,175,000

$1,070,000

$1,045,000

10.0%

Average Price per Square Foot ...........................

$500

$572

$1,038

$663

32.6%

Properties Sold .......................................................

27

21

16

31

14.8%

Properties Pending Sale .......................................

20

19

24

31

55.0%

Properties For Sale ................................................

69

75

69

68

-1.4%

Days on Market (Pending Sale) ...........................

24

59

55

25

4.2%

Month’s Supply of Inventory ................................

2.6

3.6

4.3

2.2

-14.2%

Percent Under Contract ........................................

29.0%

25.3%

34.8%

45.6%

57.3%

Average Median Price for Last 12 Months ........

$894,000

$943,333

$950,000

$1,004,846

12.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$950

JUN

$1,045,000

JUL AUG

MEDIAN SALES PRICE

SEP

$663

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.045 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

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Santa Ynez DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$600,000

$548,750

$500,000

$897,000

49.5%

Average Price per Square Foot ...........................

$463

$395

$318

$421

-9.1%

Properties Sold .......................................................

11

12

5

18

63.6%

Properties Pending Sale .......................................

13

10

11

10

-23.1%

Properties For Sale ................................................

126

104

93

99

-21.4%

Days on Market (Pending Sale) ...........................

92

81

200

99

7.6%

Month’s Supply of Inventory ................................

11.5

8.7

18.6

5.5

-52.0%

Percent Under Contract ........................................

10.3%

9.6%

11.8%

10.1%

-2.1%

Average Median Price for Last 12 Months ........

$699,000

$837,333

$1,015,500

$766,385

9.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$600

JUN

$897,000

JUL AUG

MEDIAN SALES PRICE

SEP

$421

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.5 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$897 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

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Monterey County

Carmel

Pacific Grove

Carmel Valley

Pebble Beach

Marina

Salinas

Monterey

Seaside

Micro Market Report : May 2015

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County: MONTEREY Area: 3,771 SQ MILES Founded: 1850

Micro Market Report : May 2015

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Carmel DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,072,500

$1,665,000

$1,700,000

$1,411,000

31.6%

Average Price per Square Foot ...........................

$729

$952

$1,000

$712

-2.3%

Properties Sold .......................................................

30

15

15

24

-20.0%

Properties Pending Sale .......................................

29

16

21

27

-6.9%

Properties For Sale ................................................

153

118

142

152

-0.7%

Days on Market (Pending Sale) ...........................

102

94

88

39

-61.8%

Month’s Supply of Inventory ................................

5.1

7.9

9.5

6.3

24.2%

Percent Under Contract ........................................

19.0%

13.6%

14.8%

17.8%

-6.3%

Average Median Price for Last 12 Months ........

$1,328,000

$1,342,083

$1,305,000

$1,398,550

5.3%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.072

JUN

$1,411,000

JUL AUG

MEDIAN SALES PRICE

SEP

$712

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.411 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Carmel Valley DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,039,000

$721,500

$902,500

$1,030,000

-0.9%

Average Price per Square Foot ...........................

$445

$504

$451

$460

3.4%

Properties Sold .......................................................

17

6

8

12

-29.4%

Properties Pending Sale .......................................

17

9

11

15

-11.8%

Properties For Sale ................................................

99

93

67

73

-26.3%

Days on Market (Pending Sale) ...........................

66

78

117

67

1.5%

Month’s Supply of Inventory ................................

5.8

15.5

8.4

6.1

4.5%

Percent Under Contract ........................................

17.2%

9.7%

16.4%

20.5%

19.7%

Average Median Price for Last 12 Months ........

$994,000

$983,250

$980,833

$922,538

-7.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.039

JUN

$1,030,000

JUL AUG

MEDIAN SALES PRICE

SEP

$460

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

6.1 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.030 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Marina DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$414,999

$435,000

$419,900

$450,000

8.4%

Average Price per Square Foot ...........................

$279

$241

$277

$262

-6.1%

Properties Sold .......................................................

13

13

7

11

-15.4%

Properties Pending Sale .......................................

9

9

15

10

11.1%

Properties For Sale ................................................

36

34

30

21

-41.7%

Days on Market (Pending Sale) ...........................

35

63

94

59

68.6%

Month’s Supply of Inventory ................................

2.8

2.6

4.3

1.9

-31.1%

Percent Under Contract ........................................

25.0%

26.5%

50.0%

47.6%

90.5%

Average Median Price for Last 12 Months ........

$401,000

$431,317

$438,500

$431,888

7.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$414

JUN

$450,000

JUL AUG

MEDIAN SALES PRICE

SEP

$262

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$450 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Monterey DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$660,000

$618,000

$639,750

$725,000

9.8%

Average Price per Square Foot ...........................

$399

$392

$387

$417

4.5%

Properties Sold .......................................................

25

24

16

19

-24.0%

Properties Pending Sale .......................................

16

17

21

17

6.2%

Properties For Sale ................................................

111

114

100

91

-18.0%

Days on Market (Pending Sale) ...........................

82

76

107

45

-45.1%

Month’s Supply of Inventory ................................

4.4

4.8

6.2

4.8

7.9%

Percent Under Contract ........................................

14.4%

14.9%

21.0%

18.7%

29.6%

Average Median Price for Last 12 Months ........

$614,000

$665,125

$695,667

$680,888

10.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$660

JUN

$725,000

JUL AUG

MEDIAN SALES PRICE

SEP

$417

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

4.8 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$725 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

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Pacific Grove DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$702,500

$840,000

$902,500

$845,000

20.3%

Average Price per Square Foot ...........................

$460

$610

$648

$589

28.0%

Properties Sold .......................................................

14

13

8

21

50.0%

Properties Pending Sale .......................................

12

13

17

23

91.7%

Properties For Sale ................................................

58

58

57

57

-1.7%

Days on Market (Pending Sale) ...........................

50

73

57

35

-30.0%

Month’s Supply of Inventory ................................

4.1

4.5

7.1

2.7

-34.5%

Percent Under Contract ........................................

20.7%

22.4%

29.8%

40.4%

95.0%

Average Median Price for Last 12 Months ........

$705,000

$785,000

$795,833

$760,962

7.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$702

JUN

$845,000

JUL AUG

MEDIAN SALES PRICE

SEP

$589

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$845 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Pebble Beach DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,445,000

$1,175,000

$1,862,500

$2,606,000

80.3%

Average Price per Square Foot ...........................

$995

$430

$765

$971

-2.4%

Properties Sold .......................................................

13

5

8

11

-15.4%

Properties Pending Sale .......................................

11

10

11

11

0.0%

Properties For Sale ................................................

79

84

88

80

1.3%

Days on Market (Pending Sale) ...........................

116

80

145

70

-39.7%

Month’s Supply of Inventory ................................

6.1

16.8

11

7.3

19.7%

Percent Under Contract ........................................

13.9%

11.9%

12.5%

13.8%

-1.2%

Average Median Price for Last 12 Months ........

$1,508,000

$1,682,542

$1,764,667

$1,547,327

2.6%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.445

JUN

$2,606,000

JUL AUG

MEDIAN SALES PRICE

SEP

$971

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

7.3 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$2.606 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Salinas DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$377,500

$418,750

$430,000

$411,675

9.1%

Average Price per Square Foot ...........................

$229

$235

$247

$264

15.3%

Properties Sold .......................................................

60

38

41

64

6.7%

Properties Pending Sale .......................................

52

43

55

69

32.7%

Properties For Sale ................................................

217

230

188

208

-4.1%

Days on Market (Pending Sale) ...........................

45

45

71

42

-6.7%

Month’s Supply of Inventory ................................

3.6

6.1

4.6

3.2

-10.1%

Percent Under Contract ........................................

24.0%

18.7%

29.3%

33.2%

38.4%

Average Median Price for Last 12 Months ........

$346,000

$409,021

$415,558

$399,337

15.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$377

JUN

$411,675

JUL AUG

MEDIAN SALES PRICE

SEP

$264

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.2 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$411 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Seaside DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$367,000

$395,000

$316,000

$410,000

11.7%

Average Price per Square Foot ...........................

$300

$312

$326

$330

10.0%

Properties Sold .......................................................

20

14

8

12

-40.0%

Properties Pending Sale .......................................

14

16

19

16

14.3%

Properties For Sale ................................................

70

63

47

35

-50.0%

Days on Market (Pending Sale) ...........................

50

65

46

28

-44.0%

Month’s Supply of Inventory ................................

3.5

4.5

5.9

2.9

-16.7%

Percent Under Contract ........................................

20.0%

25.4%

40.4%

45.7%

128.6%

Average Median Price for Last 12 Months ........

$340,000

$361,917

$381,833

$361,176

6.2%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$367

JUN

$410,000

JUL AUG

MEDIAN SALES PRICE

SEP

$330

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$410 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

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Condominiums

Beverly Center - Miracle Mile

Santa Monica

Beverly Hills

Sherman Oaks

Brentwood

Studio City

Culver City

Venice

Encino

West Hollywood

Malibu

West LA

Marina Del Rey

Westwood - Century City

Micro Market Report : May 2015

telesproperties.com


County: LOS ANGELES ORANGE SANTA BARBARA MONTEREY

Micro Market Report : May 2015

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Beverly Center - Miracle Mile DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$645,500

$670,000

$876,200

$575,000

-10.9%

Average Price per Square Foot ...........................

$504

$490

$594

$501

-0.6%

Properties Sold .......................................................

8

7

6

7

-12.5%

Properties Pending Sale .......................................

15

7

10

5

-66.7%

Properties For Sale ................................................

39

36

36

25

-35.9%

Days on Market (Pending Sale) ...........................

27

73

62

31

14.8%

Month’s Supply of Inventory ................................

4.9

5.1

6

3.6

-26.7%

Percent Under Contract ........................................

38.5%

19.4%

27.8%

20.0%

-48.0%

Average Median Price for Last 12 Months ........

$630,000

$665,700

$622,667

$634,208

0.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$645

JUN

$575,000

JUL AUG

MEDIAN SALES PRICE

SEP

$501

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

3.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$575 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Beverly Hills DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,152,500

$784,500

$1,058,888

$1,200,000

4.1%

Average Price per Square Foot ...........................

$716

$702

$723

$678

-5.3%

Properties Sold .......................................................

12

6

9

9

-25.0%

Properties Pending Sale .......................................

11

7

18

14

27.3%

Properties For Sale ................................................

56

55

62

53

-5.4%

Days on Market (Pending Sale) ...........................

42

89

73

50

19.0%

Month’s Supply of Inventory ................................

4.7

9.2

6.9

5.9

26.2%

Percent Under Contract ........................................

19.6%

12.7%

29.0%

26.4%

34.5%

Average Median Price for Last 12 Months ........

$929,000

$1,094,398

$1,154,167

$1,090,222

17.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$1.152

JUN

$1,200,000

JUL AUG

MEDIAN SALES PRICE

SEP

$678

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$1.200 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Brentwood DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$672,500

$835,000

$606,900

$825,000

22.7%

Average Price per Square Foot ...........................

$513

$521

$522

$538

4.9%

Properties Sold .......................................................

20

14

9

15

-25.0%

Properties Pending Sale .......................................

20

15

19

29

45.0%

Properties For Sale ................................................

86

75

66

85

-1.2%

Days on Market (Pending Sale) ...........................

37

53

67

30

-18.9%

Month’s Supply of Inventory ................................

4.3

5.4

7.3

5.7

31.8%

Percent Under Contract ........................................

23.3%

20.0%

28.8%

34.1%

46.7%

Average Median Price for Last 12 Months ........

$679,000

$711,983

$811,000

$738,415

8.8%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$672

JUN

$825,000

JUL AUG

MEDIAN SALES PRICE

SEP

$538

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

5.7 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$825 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Culver City DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$410,000

$415,000

$382,000

$557,500

36.0%

Average Price per Square Foot ...........................

$415

$357

$384

$428

3.1%

Properties Sold .......................................................

16

15

9

28

75.0%

Properties Pending Sale .......................................

22

13

27

24

9.1%

Properties For Sale ................................................

52

47

45

44

-15.4%

Days on Market (Pending Sale) ...........................

28

46

37

31

10.7%

Month’s Supply of Inventory ................................

3.2

3.1

5

1.6

-51.6%

Percent Under Contract ........................................

42.3%

27.7%

60.0%

54.5%

28.9%

Average Median Price for Last 12 Months ........

$370,000

$441,417

$480,833

$428,904

15.9%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$410

JUN

$557,500

JUL AUG

MEDIAN SALES PRICE

SEP

$428

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

1.6 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$557 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Encino DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$320,000

$287,000

$319,000

$337,000

5.3%

Average Price per Square Foot ...........................

$267

$270

$314

$292

9.4%

Properties Sold .......................................................

15

10

9

12

-20.0%

Properties Pending Sale .......................................

24

18

22

21

-12.5%

Properties For Sale ................................................

40

46

30

35

-12.5%

Days on Market (Pending Sale) ...........................

59

80

64

47

-20.3%

Month’s Supply of Inventory ................................

2.7

4.6

3.3

2.9

9.4%

Percent Under Contract ........................................

60.0%

39.1%

73.3%

60.0%

0.0%

Average Median Price for Last 12 Months ........

$286,615

$323,833

$335,333

$305,923

6.7%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

current market snapshot MAY

$320

JUN

$337,000

JUL AUG

MEDIAN SALES PRICE

SEP

$292

OCT NOV

AVERAGE PRICE PER SQ FT

DEC JAN FEB

2.9 MONTH’S SUPPLY OF INVENTORY

MAR APR MAY

$337 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )

Micro Market Report : May 2015

telesproperties.com


Malibu DATA*

May 2014

6 month

3 month

May 2015

% change

Median Price ..........................................................

$1,025,000

$845,000

$2,050,000

$1,150,000

12.2%

Average Price per Square Foot ...........................

$480

$607

$855

$637

32.7%

Properties Sold .......................................................

3

4

1

7